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14 April 2022 | 10 replies
Shoot me a message, happy to chat and help you get up to speed.
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6 February 2022 | 2 replies
I initially looked at properties that I could afford with the understanding that extra money would be needed to bring it up to speed, basically following the BRRRR blueprint.
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10 February 2022 | 4 replies
They wanted quality of life, and have found that living in Montana but making California wages works out well for them.
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9 February 2022 | 9 replies
City road ends at park entrance.Considering the land price, infrastructure setup cost each lot cost was coming around $7300 which was very attractive even though most of the houses on them were old and needed good repairs.All other lots except the 59 were in considerable good condition and our due diligence showed that whole park value is going down due to these 59 lots mismanagement for 40 years.As per owner rent collections were around $7200 per month and most of the tenants were very long term (average rent $400 per home) which he receives in cash so bank rolls available to validate.As per our estimate, each house needed 7k to 8k repair to make it livable.Negatives:These homes/lots were owned by same owner for 40 years and he neglected everything which includes tenant quality, infrastructure (such as overgrown trees, bad homes still in the park which should have been removed years back, 3ft- 4ft potholes on the road since its privately owned).Most of the tenants were convicted or had some big felony, these houses were famous for drugs cartels in whole city.After buying we realized things were way worse than what we assumed in due diligence:People staying there actually were involved in gang wars, prostitution, drugs etc.
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4 April 2022 | 21 replies
A high quality company will be on top of their KPI's and their numbers will match.
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12 March 2022 | 9 replies
Are their listings detailed with good quality photos?
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3 February 2022 | 0 replies
Due to the recent expenditures, I'm looking to do what's most economical but also of decent quality that will last.
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10 May 2021 | 2 replies
What usually survives after this "readjustment to the world" is an understanding that thinking bigger is necessary to live at a higher level, BUT not everyone who lives at 1x is a fool or worthless being.Read it with appropriate caution, then read Speed of Trust, the Go-Giver, and The Millionaire Real Estate Investor.
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12 May 2021 | 15 replies
And until you are comfortable with all the paperwork, I highly recommend you have a trusted mentor, or you hire a quality real estate attorney, to advise you in order to protect your interests.
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14 May 2021 | 5 replies
While there's a lot of work that needs to be done, the house has great bones and was a quality build for its time.