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13 August 2024 | 2 replies
Purchase price: $380,000 Cash invested: $80,000 Acquired my first property in Broward County, FL!
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13 August 2024 | 1 reply
Pricing trips aboard vs domestic seems to come out on top that aboard destinations provide much more value.
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12 August 2024 | 12 replies
This was exactly what I needed to hear to move forward!
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13 August 2024 | 14 replies
Purchase price $850,000 ($550,000 down payment, $300,000 contract for deed with seller).
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15 August 2024 | 16 replies
This is my current process: 1) screen for price range/target neighborhoods, 2) Calculate rent/value to identify properties at or close to 1% rule, 3) review photos/other info to ballpark estimate post-purchase capex followed by a more detailed deal analysis, 4) request contractor inspect the property to get true capex estimate, 5) make offer if the numbers work.However, since Febrary I've only gotten to #4 once and never to #5.
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13 August 2024 | 4 replies
Best I've seen for a hard money loan is 10% down of the purchase price with 100% of the rehab covered depending on the borrower profile.
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13 August 2024 | 2 replies
This covers the purchase price of the property, any required down payment, the cost of the renovations, and any other costs like holding and closing fees.
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15 August 2024 | 29 replies
All money spend after the sale of the property should be posted to Profit & Loss.And yes on the day of the sale you transfer the pruchase price, loan cost, settlement cost, imporvements to Profit & Loss.
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13 August 2024 | 0 replies
Preliminary priced from $100,000 to $199,000 for the California market, this home will make an impact in affordable housing juxtaposed helping Californians reach the American Dream.What made you interested in investing in this type of deal?
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14 August 2024 | 22 replies
If you are not on top of your listing/pricing you will lose bookings and revenue.