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3 January 2025 | 5 replies
If you build a buyer's list and you send them deals where the repair costs aren't close, you will lose them.
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8 January 2025 | 5 replies
I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!
10 January 2025 | 5 replies
A 4-bed, 3-bath rambler with a large lot in a high-demand area is bound to attract buyers.
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2 January 2025 | 36 replies
many houses in the midwest, for example, are very old and need major rehabs.i personally think out of state investing is more difficult than advertised, and much more difficult in the current investing environment, with: prices high; interest rates high; tremendous demand for inventory, by both investors and retail buyers; and good PMs, contractors, etc. booked up.here's a really thoughtful thread with the experience of another CA investor and lots of different responses:https://www.biggerpockets.com/forums/12/topics/1215726-break...and here are some threads about how it can very easily go wrong:https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...finally, you also said you "don't have a lot of money to start with."
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2 January 2025 | 0 replies
Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers.
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7 January 2025 | 24 replies
We also have a different ESCROW account that holds the deposits for buyers purchasing our listed properties.
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10 January 2025 | 8 replies
It sounds like the Title Co. was not aware that the tenant prepaid rent and just prorated the current rent for the month of closing, so agree if they had no knowledge of it, would not have ever gone on the settlement statement as a credit to the buyer and they likely will not do anything post closing to help obtain those funds.
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4 January 2025 | 5 replies
When you go to sell the property, if you produce a certificate of inspection for the wrong number of units, buyer unless you are giving them a great deal and they will throw caution into the wind, would insist on the correct designations.
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5 January 2025 | 17 replies
Stong homes=Strong buyers.
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5 January 2025 | 1 reply
😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....