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6 July 2021 | 11 replies
Be sure to screen properly and use this as a lesson to improve your systems.
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6 July 2021 | 4 replies
(happy to help anyone here if they need help collecting aggregate data, SEO improvements, website improvements)- Business experience (have founded my own tech company before, done a bit of fundraising).- Very handy - I renovated my 1930s cape cod.
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7 July 2021 | 6 replies
I am purposefully picking rehab items that would likely improve the value by an amount above their cost.
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20 August 2021 | 8 replies
It's a multifamily property that has potential to increase rent of $150/unit with minimal improvement. 13 Units.
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8 July 2021 | 13 replies
In this situation, we have taken several actions that have vastly improved our tenant quality, including:1) Making sure we have at least 10 great pictures of our unit in the advertisement2) Our advertisements clearly lay out our requirements: One full year at current or previous job, weekly gross income > $xxx , Paying and approving email for a Transunion smartmove criminal, credit, and eviction checks, having no more than one eviction ever which must be disclosed, explained,and paid off.
5 July 2021 | 2 replies
Some modifiers and gotchas are: are there environmental restrictions against building or improving the land?
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10 July 2021 | 5 replies
Buyers, in my experience, normally don't make capital improvements prior to closing because of "what if you don't close."
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8 July 2021 | 8 replies
Another property is a 3 family for $250k (Unheard of around here) but probably needs $200-$250k in improvements and again I fall into "Is this really going to cashflow enough or is it just a tool to fund the next one plus a small profit each year".
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6 July 2021 | 19 replies
If they don't have a motivating factor, there probably won't be a deal there.Another thing to consider: There are ways to optimize your costs to improve your offers: Use cash or cheaper financing.