
21 May 2024 | 44 replies
June 23 I put in a contract to my fix and flip lender, they didnt do rentals, so they sent me to constructive loans, my loan originator quit in August, that took us a couple of weeks to find out smh, btw the old originator said we close in a week.

20 May 2024 | 14 replies
For a rental, you need to put 20% down.If the banks will lend you $1.4M, then you could buy a place this year, wait at least a year and then buy another one for you to move into and repeat, but the banks will ask why you are moving.

19 May 2024 | 17 replies
I do plan to put it in a LLC eventually at some point after I move out so I was just thinking if I should just make it separate from the get go?

21 May 2024 | 21 replies
Most of the time, you put down 25-35% of the total cost basis of the project.
20 May 2024 | 5 replies
At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

20 May 2024 | 17 replies
But it's tougher for STRs now, so anyone wanting their piece of the pie needs to bring their A game. so a few things. 4 of your 5 hero pictures are of your kitchen, you might want to mix it up there. you have some patio furniture, but that's it for your backyard. put in something for people to envision with that backyard?

20 May 2024 | 13 replies
You have to put yourself in their shoes and try as much as possible to use logic, refer to the lease, but also be understanding where it makes sense.
19 May 2024 | 8 replies
The other rentals I have, I don’t need to pay off because other investments can currently generate the same amount of cashflow.Scenario 3: Leave as is, put money in other investments, and buy more property when deals come along.

20 May 2024 | 5 replies
Properties that can be quickly renovated and put back on the market are likely to capture this existing demand.28305 though experiencing a slight decline in inventory, saw an increase in sales, particularly in larger homes, suggesting that despite lower availability, demand remains robust.Potential Saturation Challenges: Despite a surge in single-family home permits, areas like 28303 and 28304 may grapple with market saturation, necessitating strategic flipping approaches to navigate fluctuations in supply and demand.Recommendations:Emphasize nimble, smaller-scale flips in areas like 28303 and 28304 to mitigate risks associated with potential market saturation.Average Sale TimeZipApr 2023Apr 2024CHANGE2830156 Days30 Days-47.00%2830361 Days33 Days-45.80%2830450 Days17 Days-64.80%2830576 Days39 Days-48.30%2830672 Days30 Days-57.70%2831169 Days34 Days-49.90%28312124 Days51 Days-58.80%2831451 Days23 Days-55.00%28303: Focus on 2 to 3-bedroom houses, as these are currently experiencing robust growth in sales prices and demand.

19 May 2024 | 20 replies
I have been binge watching YouTube videos, in particular those put out by three particular companies.