Faris Wright
Appreciation vs Cash-flow?
23 December 2024 | 4 replies
Both are strategies, it just depends on what you’re looking for now versus what you’re looking for later.
Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
Actually fairly common, depending on what you're looking for property wise going forward.
John Williams
Who is the most important connection when investing out of state?
20 December 2024 | 8 replies
I think it greatly depends on your strategy.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.
Paige Halamicek
Buying land with a mobile home but want to sell mobile home
25 December 2024 | 4 replies
Mobile homes are treated differently depending on if it has had "elimination of title" or not.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
For multifamily properties, this is often around 40-50%, but it can vary depending on the property's condition, location, and age.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.
Kevin Akers
Cash-out Refi or Line of Credit
19 December 2024 | 14 replies
The decision about the cash out refi all depends on the different terms from the lenders.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
We put $75K down to begin with and likely have $85-100K in equity ( depending on what non-scientific source you check since I haven't had a full appraisal done) on it.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
It would depend on my entire experience with them.
Gregory Beaty
FreedomSoft Scam!
27 December 2024 | 22 replies
Account Closed You can do automated lead generation in several ways, depending on whether you're looking for seller leads, buyer leads or private lender leads.Seller Leads: (1) Lead Swiper (online lead search with dozens of targeted searches), (2) Instant Leads -- direct access to listed properties nationwide with a click (3) OfferBot, automated offer making software (I use this every day) (4) Direct Mail Connect (upload your own list or use lists out of Freedomsoft) -- my team manages a ton of direct mail in my real estate business using this, (5) SMS lead generation (I use this every day)...and that's just scratching the surface.Buyer Leads: (1) Nationwide Cash Buyer database (millions of buyer records at the click of a mouse) -- including buyer name, address and all property addresses they've bought including closing dates and prices paid