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19 May 2021 | 4 replies
students deserve nice places to live. we aren't trying to be slumlords but i do realize that students probably have slightly lower expectations than other types of tenants, so i feel we wont need to break the bank in the level of finishing details like we did on our own home but we will provide housing that is clean and safe and attractive. also thinking we can use some creative materials and methods to make the units party-proof. maybe we get lucky and find some long term professors or grad students and don't have to do annual turnover on every unit. even so, i budgeted 8% for property management after watching david greene's webinar yesterday.the heloc would allow for an easy down payment and a nice buffer for rehab, and i have 750+ credit score and good wage earning history, so i think a conventional loan should not be a problem to obtain. a cash out refi might be an option on the horizon if we decide to really crank a proper rehab but the units (from the pictures i saw) are livable as-is.should i be more specific here on the address/market to get better help?
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16 May 2021 | 11 replies
So far I've taken notes on defining your target market, what questions to answer about that area, the types of flips there are in 3 basic categories, financing options, how to farm for leads, renovations to consider, what type of contractor to look for, how to find them, and how to properly communicate with them.
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15 May 2021 | 1 reply
Is there someone on this forum who would be willing to walk/talk me through this process, or provide the education that would properly teach me the in and out of wholesaling?
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17 May 2021 | 4 replies
I suspect you are a minimum of a few years from having positive cash flow when properly allocating for all expenses.
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20 May 2021 | 5 replies
Tucson proper should have about 32,400 units.
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25 May 2021 | 7 replies
Having zero money to out down means you don't have the self control to use money properly.
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19 May 2021 | 23 replies
Units in Cleveland do well too, but I personally wouldn't buy an STR in Cleveland proper until this legislation gets sorted out.
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22 July 2021 | 13 replies
Youll find some in Takoma Park (rent control in the city limits so be aware of that) then in DC proper.
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25 July 2022 | 37 replies
The light weight insulation is hard to put up in the wind.Beautiful Texas sky.
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18 May 2021 | 17 replies
Give them notice rent is increasing by 10%, or whatever you think you can increase it to with repairs, with proper notice.