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16 January 2025 | 12 replies
At the end of the day, 99% of sellers and brokers only care about your surety to close (I leave out 1% that might care about HOW you operate your deals, regardless of price paid).The fact that you have never closed a large transaction AND are not providing all your proof of funds up front and/or talking with brokers about where the money is coming from, will give them some trepidation.
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9 January 2025 | 10 replies
Are you able to move into the property and make it your primary residence?
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15 January 2025 | 10 replies
I still think if you're an investor, you need to run your numbers carefully.
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29 January 2025 | 14 replies
Rent to price ratios, # of new building permits vs new residents.
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16 January 2025 | 12 replies
I know you said you don’t expect anything major on the properties soon, but I would take a careful look at what is most likely to need to be replaced soon and figure out how you would pay for that if it needed to be done tomorrow.
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24 January 2025 | 8 replies
They take decent care of the property, but I would get texts all the time telling me to fix many things (some valid, some completely unnecessary) and would get upset if I ever denied any of the requests.
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26 January 2025 | 16 replies
Appliances do break and you need to be ready take care of the bill when that does come around.
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1 February 2025 | 9 replies
We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!
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23 January 2025 | 7 replies
Again, to reiterate, the risk is less burdened because the property also serves as your primary residence.
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19 January 2025 | 2 replies
While I was running my inspection business, trying to build a real estate business, and taking care of 4 rentals with family, I was also going to night school to get a degree in MIS.