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25 March 2019 | 20 replies
Has the overall strategy been stress tested?
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8 November 2018 | 0 replies
I would like to do the same with implementing some real estate goals, putting the "one thing" strategy to the test.
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4 December 2018 | 0 replies
Purchase price: $93,000 Cash invested: $95,000 Purchased a home for the family while test driving a minivan.
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5 February 2019 | 35 replies
They are very time intensive and the quality of tenant usually isn't the best.Immediately while you search for a new PM I would get in touch with a landlord/tenant lawyer in the area where the home is and get the eviction process started.
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28 January 2019 | 24 replies
You don't have to pass a test to buy rental property.
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22 February 2019 | 16 replies
Usually the rates are a little higher (figure at least 1%, might be less) simply because it's more risk for the lender, but the rate will still be far below hard money rates and if you buy right, the property should still be able to cash flow.As far as funding so many projects at once, it's up to you, but I would say if this is all brand new to you, it might be good to take your time and "digest" the first property, handle any surprises and develop/test some systems, before you go right out and add more.Particularly with where we are in the market cycle (getting a little toppy, definitely in other areas of the country and to some extent here too), I wouldn't necessarily be in a rush to buy everything you can get your hands on as soon as possible.I think caution is warranted now, and if it were me, I would urge you to get your first property fully under your belt before you look for the next one.
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19 September 2022 | 14 replies
Seems like this year is going to be a big test for where the market headed in Connecticut.
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10 June 2019 | 8 replies
Starting with conventional purchases on the mls enabled us to test and build our team before we put them through the stress of short notice viewings, bidding at auction, and major renovations on a time frame.
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9 October 2019 | 4 replies
All the contracts for example weren't completely explained in the education and testing for my license.