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6 August 2024 | 1 reply
I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.
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7 August 2024 | 3 replies
-Often a persons last years are in assisted living, a nursing home, or with their children, so I could take possession of the home (and generate profit from it) sooner than the persons death.Potential risk that I can think of:-Higher out-of-pocket costs/negative initial cash flow with delayed financial reward.
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3 August 2024 | 3 replies
Hello Everyone,I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.
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5 August 2024 | 14 replies
Just as properties have appreciated quite a bit in the last few years, construction costs have increased quite a bit along with land prices.
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5 August 2024 | 16 replies
Here are a couple of our properties that I'm talking about:https://www.airbnb.com/h/cooper-pineshttps://airbnb.com/h/stoicI can connect you with the photographer who shot these for us.
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6 August 2024 | 0 replies
Over the last 5 days, LGI Homes dropped by 13.91%, Tri Pointe Homes by 9.91%, Toll Brothers by 9.25%, and Meritage Homes by 8.94%.What is there to look forward to?
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6 August 2024 | 29 replies
Last second found out the Property tax estimate they used was wrong.
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5 August 2024 | 5 replies
Hi everyoneAgent, Boots and contractor are needed I’m out of state investor looking to connect with a super friendly investor agent in Jax, also would love for your recommendations for Boots and your best construction guys Please send me in the comments or DMThanks for your help!
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6 August 2024 | 9 replies
Looking forward to connecting!
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6 August 2024 | 1 reply
But on the for sale side, its a slow go and last time aruond took almost a year for it to start impacting the market.