8 March 2024 | 3 replies
As an investor and wholesaler I am running into bit of an issue .
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9 March 2024 | 22 replies
You should inform the title company that you'll be assigning the deal to an end buyer, so they postpone the municipal/lien search but proceed with the title search to ensure there are no issues with the title.
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8 March 2024 | 6 replies
I suppose the issue is when you liquidate, depending on what order you sell may imbalance your numbers.
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9 March 2024 | 9 replies
I'm not saying that your plan can't work, I'm just pointing out that these types of extremely cheap properties usually come with TONS of unique management and sales challenges that don't occur with more run-of-the-mill properties, so you'll want to study up on those issues and have a game plan before proceeding...regardless of what you decide to do, it may be a good idea to consider how you could leverage this deal as a springboard to get you to other, higher-grade properties......the good news is that you're only $5k into this thing, so you're not in too deep...yet...Good luck out there!
8 March 2024 | 11 replies
The property was built in 2018 and the other unit with power had no major issues and all HVAC’s, water heaters, electrical, etc all work fine.
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9 March 2024 | 26 replies
Older homes can be a goldmine for this strategy, but make sure to do a thorough inspection for any hidden issues.
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8 March 2024 | 5 replies
This becomes more of an issue if you are in a different zoning district.
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8 March 2024 | 2 replies
If you can afford investrolift, that will solve dipo issues if it's a good deal.
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8 March 2024 | 8 replies
We ran over schedule, went over budget , I paid additional carrying costs every month, and learned about significant issues later than I should have.
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9 March 2024 | 17 replies
Wondering if other people have this issue?