
26 September 2016 | 2 replies
@Stephanie York My clients often buy sight unseen, but I usually do a walk through and send them video.

3 October 2016 | 11 replies
@Andrew ElmasriBelow market rents - get the rent roll from the broker/seller and compare it to rentometer.com and your study of the market rent for that property and locationOvergrown or not maintained landscaping - easy to spotDeferred maintenance on the exterior facade - easy to spotNo online presence or marketing (word of mouth or signage only) - google search for the property...see if vacant (or not vacant) units are marketed (usually on hotpads, trulia, zillow, web site, and many other sites where landlords market.

28 September 2016 | 13 replies
We usually pay $400 and have to go through the bank.

29 September 2016 | 6 replies
On a referral, I'll usually take 20-30% of the initial split and then 10-15% on anything thereafter.

28 September 2016 | 6 replies
This is a project that requires a city permit FYI, but if you are installing windows on a house you live in, you can pull the permit yourself.My husband and I replaced all the windows on the house we live in now - it was one of our first renovation projects.If you hire a contractor usually they will want to purchase the windows themselves, and that cost is included their quotes along with the labor cost for installation.

27 September 2016 | 2 replies
Having a general working knowledge of the area you want to invest in is usually step one.I'm relatively new to investing as well (working on acquiring my 4th unit now) - I'm in the Chicago area and in general I know that returns in the Midwest can be higher than in coastal areas, so you have that going for you; but every neighborhood has it's own oddities and character.

29 September 2016 | 3 replies
The person posting a property on this site is probably flipping it and if it is a good rehab flip - in the Kansas City metro, it is sold way before it is ever marketed.Our rehab flips that we wholesale are usually sold before we write the purchase contract.

30 September 2016 | 13 replies
The usual terms would be 75% of the ARV (after repair value).4 - Find a property, in the Market you found, that will allow your to - a) Buy/rehab cost at less than the terms of your lender for refi (75% or less using the lender above) & where that total cost is not more than the available funds you have on hand.

27 September 2016 | 1 reply
I usually hop on Zillow.com and look at houses in my area, and look at what those types of houses usually go for, and how much rental rates go for in the area.

27 September 2016 | 1 reply
Check your local Plumbing Supply wholesaler - they deal with plumbers every day and can usually give you a couple of good recommendations...