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14 September 2017 | 4 replies
Basically time has corrected my initial inexperience.
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25 August 2019 | 44 replies
After each step was crossed they would “suggest” you be a part of the next step which would basically require some form of cash down payment.
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14 September 2017 | 5 replies
We also plan on partnering with a friend to help with initial investment, cosmetic rehab (we plan to do the work ourselves and are not looking to knock down walls or anything major), splitting property management responsibilities, etc.I am hoping the community can help me out with some questions that I am still trying to tackle.1) I am struggling with the financing aspect of acquiring a loan with a partnership.
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14 September 2017 | 4 replies
After 21 day review, the permit is ready for pick-up and initial inspection, but things have gone bad with this contractor on another project (he's now breached both contracts timelines by a longshot).
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16 September 2017 | 6 replies
Your ROI is a number close to infinity and you can repeat indefinitely - And YES - there are still deals out there that will work ... one just closed a couple of weeks ago in The Woodlands on MLS at about 70% of value and only needed light rehab - maybe $5,000-$6,000ARV - 177,000Sold - 123,000Rehab - $5,000Total invested - $128,000-$129,00080% refi - $141,000 Rents - $1,500-$1,600 My initial offer was $120,000 - They declined to counter - Now that I see the final sale amount, it irritates me that I was so close but missed the deal
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14 September 2017 | 13 replies
Also have a more extensive conversation about the property and try to "sell" the rental during the initial conversation.
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14 September 2017 | 2 replies
I believe the next step would be getting in contact with the owners but I need an address for that.If any one could provide some advice on how to find the address (free of charge or by paying).
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15 September 2017 | 7 replies
It just seems confusing what my next step is.
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16 September 2017 | 4 replies
If you are thinking rehab and resell, then documenting every step, showing you waited for all the framing to get dry enough to re-drywall and perhaps getting pro mold treatment with a warrenty would help mitigate flood value loss.
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5 November 2017 | 59 replies
Step up to the Table and organize this.