
10 September 2021 | 44 replies
The treasury is running out of money and unless they raise the debt ceiling, the party is over.

11 September 2021 | 10 replies
I guess I would be an easier target because I lack funds to do it myself, that's why I'm trying to do wholesaling to raise capital.

20 October 2021 | 12 replies
Bought for $62K cashRehabbed and paid a crappy PM $37KLow Appraisal at $110kGot about $77k back with the Cash Out RefiRented for $1100/monthJust raised the rent in 2021 to $1185/month$1185 rental income-$598 Mortgage PITI-$118 10% property manager (Self managed now)-$118 10% Cap Ex-$118 10% Maintenance-$94 8% vacancy=$139 Pure Cash Flow per month What made you interested in investing in this type of deal?

13 September 2021 | 10 replies
Underwrite the properties you evaluate and look at your actual projected returns by implementing your business plan (renovating, raising rents, repositioning, etc)

9 September 2021 | 0 replies
., some units have already been upgraded and are achieving rent increases)Experienced team, particularly the project management teamMultiple exit strategiesThe budget for renovations and capital expenditures is raised upfront, rather than through cash flowValue-add investments can be powerful vehicles of wealth, but they also come with serious risks.

9 September 2021 | 5 replies
Oh, you could try the expanding foam trick to raise the sunken side toward the house before tearing it out.

11 September 2021 | 12 replies
@Ryan Howard welcome...doing some more research on your desired path should shed some light on the environment you're working in...I would caution noting that you do not have capital, but want to wholesale to raise capital...you're essentially admitting you are trying to broker real estate without a license...you will hear lots of opinions on this, but the bottom line is if you have no intent to close on a contract you enter into, you're engaging in unlicensed activity and subject to $1,000/day fines.I'm not saying don't wholesale...I am saying do your homework so you don't end up in a tight situation.Taking time to explore every option in RE investing is not a good approach...I can save you years of heartache and you'll be wealthy much faster by sticking to fundamentals...long-term buy and hold real estate is the only path you need to go down.

13 September 2021 | 9 replies
. - Raise the rent to market rent with the unit as is

4 October 2021 | 13 replies
The issue I see with multi families in this area is that they have had low rents for a long time and are capped at what they can increase them too (This year you can raise them 9.9%) but a lot of people that have owned them for a really long time don't raise them each year.

13 September 2021 | 4 replies
They had previously rented this rural property out for very cheap without raising the rent for 10 straight years.