Faysal Alam
Which investment route to take?
13 September 2024 | 2 replies
Option 2: I found a house that the asking price is 930k , but I’m sure I can get a discount on it because it needs a lot of work , it doesn’t qualify for traditional financing , so I would need to take a hard money loan , it needs about 150k worth of work , the plan would be to offer the full 930k asking price but ask for a 6% seller concession , I calculated 20% down payment and 7% closing cost , so total after seller concessions comes out to 21% down payment which is $195,300 .
Julie Muse
Quick Flip Success in Hartsville with Minimal Investment!
13 September 2024 | 1 reply
The seller was motivated to close quickly, and we negotiated a favorable price of $80,000, allowing us to secure the property at a discount and capitalize on its renovation potential.
Jonathan Mueller
I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
I do have an onsite manager that collects rents and shows the units for discounted rent.
Patricia Andriolo-Bull
Post disappeared - VRBO Terms of Service
11 September 2024 | 21 replies
Well, I'll repost here what I originally did in response to the email from Vrbo that some people got saying Vrbo was giving a promotional discount to prospective guests, and hosts could opt out if they wished.
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
11 September 2024 | 20 replies
Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons.
Ashley C.
Let's Get REAL For A Minute Section 8 HUD Property Investors
11 September 2024 | 69 replies
If you're purchasing in a low income area, you're already getting a discount on the purchase, BUT it's ridiculous to think that a property purchased at 30k> is going to be "turn key" and rent ready, it NEVER IS!
Kate Kim
Buyer's agent fee - since the NAR settlement - New construction?
11 September 2024 | 2 replies
Then they sell as many as they can at top dollar until something changes, then they start discounting and starting 'Fire sales" which hurts the previously purchased homes since the last few get sold for less.
Ivana Ivanovic
Help me figure out if I am crazy or...
18 September 2024 | 35 replies
If the numbers don't match what you think you would like to make on a property, then either you need to discount the asking price to get there or pass on the property.My second thought is what you're feeling and others have highlighted - no everyone is in the business to make it fair for both sides.
Chris Seveney
What The Gurus Do Not Teach You In Note Investing - Part 2
17 September 2024 | 26 replies
When I buy stuff or services at retail but buy assets to pay for them at a discount, it's like buying those assets and services on sale.
Pete Schmidt
STR liability insurance
13 September 2024 | 11 replies
You can also get a 10% premium discount if you do Breezeway's Safety program.