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22 August 2011 | 7 replies
Trust your instincts as the tie breaker and use conservative modeling assumptions for the raw numbers.
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25 May 2012 | 21 replies
I will go ahead and bare my own strategy:This is assuming the purchase price of the home is between $80k-150k...If the rehab takes 1-2 weeks we look for a $20k+If the rehab takes 2-4 weeks we look for a $30k+If the rehab takes 4 weeks+ we look for a $40k+I know this is probably a very strange strategy, but it works well for our business model.
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30 May 2009 | 13 replies
We still have a $250.00 Sony display model that we bought 6 or 7 years ago from Sears and can't seem to justify replacing.
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31 July 2017 | 10 replies
If it's not worth jumping through the hoops to apply the KISS model for you I get that.
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6 August 2017 | 17 replies
Allowable Repairs or Renovations Funds can be used for any repairs or renovations that are permanently affixed and add value to the property.Allowable repairs or renovations include, but are not limited to: Installation of an “in-ground” swimming pool Outdoor living areas are also eligible along with the pool installationSubject property cannot be an unfinished model home or unfinished new construction.Kitchen appliances (i.e. cooktop/ovens/stove/refrigerator/dishwasher) may be included only as built-in fixtures (attached to property - cannot be removed) in connection with a total kitchen renovation that includes new cabinetry and countertops.
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13 December 2018 | 48 replies
(Technically we had two others, but they meet our rental model, so I'm not counting them as mistakes.)
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21 November 2016 | 26 replies
I do Non-Performing notes and I'm looking to build out teams in markets that make sense to my business model.
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27 November 2016 | 23 replies
If the buyer had to verify every product description then the whole eCommerce model won't work.
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27 April 2018 | 18 replies
I know wholesalers who have focused their entire business model around getting properties under contract at a price that is attractive to investors.
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1 May 2016 | 6 replies
The hype around this industry right now is simply that certain companies have taken the model online and are building technology around it to make it more efficient.