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31 January 2025 | 44 replies
Not really possible today. at least in my market I just took a DSCR loan in Nov 24 at 5.7% and pulled out $157K cash, have $73K equity and it cash flows $200/month and I was all in at $135K. $70K tax sale, $65K rehab, appraised at $230K.
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22 January 2025 | 10 replies
You learn what you can as quickly as possible, and start implementing.
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20 February 2025 | 33 replies
If possible it is awesome to test with a focus group.
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19 January 2025 | 27 replies
Tenant also claimed possible mold, rotted subfloor etc, which Remediation said they found no evidence of.
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23 February 2025 | 80 replies
Possibly just one (or a few) Scaramucci.
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30 January 2025 | 32 replies
@Michael Lam For advice, network as much as possible in the area.
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23 January 2025 | 7 replies
I'd love to connect and share how I could possibly be beneficial.
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24 January 2025 | 3 replies
Some of these strategies (though not all, and possibly not the most profitable) are the subject of constant discussion on BP.
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17 January 2025 | 5 replies
Don't split the work between multiple contractors if possible, finding one to do all or most of the work will keep prices down.Challenges were finding replacement pieces for certain items as manufactured homes were very different than stick built as well as going through state guidelines for affixing the house to the land
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1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.