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7 July 2024 | 6 replies
I am surprised it is still sitting on the market when the rental rate is on par with the market.
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4 July 2024 | 1 reply
Able to recoup all investment capital through each deal to fund the next.
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8 July 2024 | 13 replies
You either need to become an expert and do SEO yourself or hire an agency that has a complete plan and roadmap for getting you to a place where organic motivated leads are flowing to your site at a rate where you are taking down profitable deals each monthMike Plactere of We Buy Long Island Homes Fast is a perfect case study of someone who used this approach and is dominating his market.
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6 July 2024 | 2 replies
Credit was too easy to get and adjustable rate mortgages which adjusted higher than the mortgage holders could afford, caused people to start defaulting on their mortgages.
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4 July 2024 | 5 replies
Hello,Our water bill is normally $600-800 for a 10 unit building every two months. The last biill came in at around $4,000 and we can't figure out why. We checked all of the units, the crawlspace, the basement/water...
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6 July 2024 | 16 replies
Nelisa,Thank you so much for the response, I can see why flipping it for the first one to build capitol makes sense. maybe the first few so that when I do decide to have a rental and if it does sit vacant i have funds available for the holding time.
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6 July 2024 | 7 replies
Also at the time i was worried about the 3.5% interest rates, so feel free to laugh at my stupidity there.
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6 July 2024 | 0 replies
I was hasty due to the higher mortgage rates, and it turned out to be a huge mistake.
5 July 2024 | 0 replies
Looking to connect with others who either have had similar experiences raising funds in the middle-market space.
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5 July 2024 | 5 replies
Hey Glenn, To keep it simple (and in general terms), bigger banks usually do not fund distressed properties that need rehab.