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14 September 2018 | 6 replies
If you've been reading up on wholesaling, then you know you can use several strategies to find deals such as direct mail, bandit signs, driving for dollars or searching sites online like For Sale By Owner or Zillow.
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15 September 2018 | 3 replies
Both of those factors reduce cash on cash return and IRR.
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16 June 2020 | 34 replies
The biggest determining factor of a profitable investment is a competent manager.
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18 September 2018 | 6 replies
I can't sell it because when I factor in closing costs, commissions, etc I'll have to bring at least 10K to the table.
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11 July 2021 | 16 replies
the property managers have often never actually been in the property itself, manage a huger portfolio of properties (so yours is just a drop in the water) and the person who actually has contact with your guests and is the driving force between a happy guest and a potential vacancy is an hourly employee.
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15 September 2018 | 4 replies
What will the R-factor change be with the additional insulation?
14 September 2018 | 5 replies
Those numbers will help in factoring that cost of money into my deals to hopefully avoid failure altogether!
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18 September 2018 | 8 replies
@Ron Fletcher like I said before I drive my own truck and that doesn’t leave much time for reading but I have listened to several podcast and webinars I’ve learned a great deal but im not quite sure if my numbers are correct I’ve found a couple deals but I’m not sure if I’m doing things correctly I’ve ran numbers on at least 15 homes and duplex’s and 5 good deals I’ve felt would be good investments both short and long term for my market my next goal would be a hard loan I haven’t had the time comfortably learn about hard loans and loans in general give me a few days 18 hrs in a truck leaves a long time for audio books and pod cast rich dad poor dad changed my preception ofMy life and money i look forward to listening to richest man in Babylon
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20 September 2018 | 25 replies
I didn't begrudge folks who were in a better financial position than me for driving up RE costs.
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21 September 2018 | 16 replies
Definitely consult a lawyer about the situation and make sure what you’re buying has this factor priced in.