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23 July 2024 | 5 replies
@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern: In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.
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23 July 2024 | 1 reply
Purchase price: $125,000 Cash invested: $20,000 I love duplex's.
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21 July 2024 | 15 replies
Also when you’re looking at the Norada deal the front page only shows the basic numbers when you click the analyze this button it will take you to the page where you can add in the assumptions for vacancy and also the mortgage .
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23 July 2024 | 0 replies
Purchase price: $180,000 Cash invested: $225,000 Current flip.
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23 July 2024 | 0 replies
Purchase price: $100,000 Cash invested: $73,000 Sale price: $267,500 Contributors: Peter Vekselman Partner Driven, in partnership with Francisco Diego, acquired a home on 4th Pl SW, Vero Beach, FL, for $100,000 on 3/31/2022.
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24 July 2024 | 17 replies
My advice would be to see if you can purchase the plans only.
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23 July 2024 | 6 replies
I currently own one side-by-side duplex in Euclid (purchased end of 2022), and am looking to eventually buy more rental properties, and possibly get into medium term rentals.
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20 July 2024 | 11 replies
Hi Michael,On a purchase you can't take out additional funds to pay for the repairs, but you can pay them out of pocket.
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24 July 2024 | 11 replies
My out-of-state clients are successfully purchasing BRRRRs and flips deals here because you can still find cash flowing and 1% rule deals here with tons of appreciation.
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23 July 2024 | 1 reply
Hello,I am considering purchasing a multifamily property with 25 units in Cleveland Heights.