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4 November 2024 | 12 replies
And they are pretty aggressive about it, too.
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20 November 2024 | 4 replies
I agree with Afra at that price point it's best to start with flips that have $15K - $30K rehab budget to gain some experience and get a good team in place and then work your way up to larger rehabs with higher ARVs!
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7 November 2024 | 12 replies
Wishing you the best in your self-management journey, but remember, a good property manager can still be invaluable, especially if you’re not familiar with the legalities of property management.
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14 November 2024 | 12 replies
It sounds like you’re on the right track by building a strong knowledge base.
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13 November 2024 | 8 replies
They'll also probably want to see that you have some good reserves (like $50K) so that if you run into cost overrun or delays, you have cash to work it out.
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13 November 2024 | 7 replies
Personally I try to reserve my HELOC for emergency or unexpected costs during a project, so if you can try not to use all of it for the initial purchase and planned rehab.
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14 November 2024 | 2 replies
You can use Propstream to get information, but generally, the spend isn't worth it until you have an idea of what the plan is.
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13 November 2024 | 11 replies
Here's what we do for direct bookings, our booking flow is different for Airbnb bookings.1.
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7 November 2024 | 16 replies
Yes, he could do a purchase contract prior to viewing but I would never ask a client to do this because I wouldn't be comfortable with it myself.
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13 November 2024 | 7 replies
But that is not an issue when you do the exchange immediately after the 1031 is complete.