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27 February 2025 | 14 replies
The few lenders that offer no seasoning, they typically make you pay for it in high rates / fees.
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3 February 2025 | 2 replies
In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.
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26 February 2025 | 8 replies
@Hassan KareemI highly recommend attending local networking events to connect with experienced investors and vendors.
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25 January 2025 | 25 replies
Housing prices are high, mortgage rates are high, and competition is fierce so revenue is way downIt’s one thing if you bought a while back like many of us did, so your cost basis is much lower.
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25 February 2025 | 8 replies
Plus, these properties are usually sold as-is, so an inspection wont change much.What experienced Flippers Do InsteadBring a Contractor Instead A 15-minute walkthrough with a good contractor will tell you what you need to know.Know Your Numbers Upfront If you price in a repair buffer, minor surprises wont kill your deal.Use the Inspection Period (If Allowed) Some wholesalers offer a short due diligence window use it wisely.When an Inspection Makes SenseIf you’re new and not confident in spotting costly repairs.If its a high-end deal or potential structural issue.If your lender or partner requires it.If you do need an inspection, find an inspector who moves fast and work directly with the wholesaler to coordinate access.
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20 February 2025 | 8 replies
-You don't really know how high of a price you will net unless you go to the open market.
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1 February 2025 | 1 reply
A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.
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4 February 2025 | 3 replies
I have to check on codes/laws/regulation, but I know CA is on a high of making thinks convenient to build those at the moment.
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13 January 2025 | 1 reply
It's 400 sqft and high end finishes.
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20 January 2025 | 11 replies
I would highly recommend you create an LP agreement.