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28 July 2024 | 27 replies
Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.
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1 August 2024 | 12 replies
That being said, I like to buy properties in cash to get the best deals and then delay finance them.
27 July 2024 | 13 replies
DSCR just has higher rates and if you overestimate the rents and underestimate the repairs or maintenance, the deal goes south quickly.
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26 July 2024 | 0 replies
What made you interested in investing in this type of deal?
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26 July 2024 | 5 replies
I believe the house would resell for $650k, so $650k + $150k = $800k deal value minus $700k purchase leaves about $100k profit in the deal.
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23 July 2024 | 2 replies
There are a couple of things that caught my eye...$168.88 Simmons Premium Hybrid Memory Foam Mattress 10" - https://www.amazon.com/gp/product/B09PFJNFV4/ref=sw_img_1Could be a good mattress. Never tried one before but...
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26 July 2024 | 0 replies
What made you interested in investing in this type of deal?
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27 July 2024 | 19 replies
The property you referenced is the only one on the MLS under $100k, so in the last couple of years, it's been more difficult to find deals like these.
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31 July 2024 | 40 replies
Maybe try working with an agent who has access to off-market and wholesale deals that you can get for below market value and do a quick rehab.
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27 July 2024 | 10 replies
So if you don't have liquid cash available for it, you can try finding a partner who can JV with you on the deal or find a gap funder.