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26 March 2024 | 23 replies
Seller is going through foreclosure process ARV: $225k-255k, based on conservative comps (A buyer had put in an offer for 235k before backing out after inspection)Capital I have to work with: $35,000Rental Estimate: $1,750/mo.
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26 March 2024 | 25 replies
Find out what is realistic, what fires you up and formulate a strategy based on the resources you already have.
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26 March 2024 | 8 replies
Or the other likely problem - negative cash flow (the income projections aren't addressed here, and it seems highly likely based on the financing.)
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26 March 2024 | 13 replies
People find their niche based on the resources they have, where they live or have connections, their stage in life, goals, risk tolerance, personality . . .
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26 March 2024 | 5 replies
I then hold an open house/showing for those that qualify based on the criteria.
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25 March 2024 | 9 replies
Hey Ronnie, You would need to sell them the property at 80% ARV minus repairs so they can get at least a 10% profit margin (which is more than 10% ROI because it's a percentage based on ARV not on money invested) after covering realtor commissions and closing costs.
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25 March 2024 | 6 replies
This applies more so based on location not on or in all scenarios that is why I mentioned avoiding a CALI purchase if possible.Hopefully that makes sense based on previous comments.
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26 March 2024 | 9 replies
Back then I really wanted to invest into real estate and I did value the knowledge of experts but the sales pitch made me think that my upfront 20k sacrifice would be repaid in a sequential frequency of wholesale deals based on claims of previous students with successful deals, thus reasoning it sequentially.
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27 March 2024 | 17 replies
If she really believes there is an environmental based illness, she should move asap.
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27 March 2024 | 18 replies
Do you think it's crucial to have these ready based on your experience?