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4 September 2024 | 8 replies
So it worked out for both of us, and they'd sign a long-term lease.I'd suggest looking into sober living operators in your area.
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4 September 2024 | 6 replies
If you’re looking for any specific guidance or just want to chat about how to scale from wholesaling to more long-term investments, I’d be happy to help.As for online seminars and meet-ups, BiggerPockets is a great place to start.
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5 September 2024 | 14 replies
@John BertolonIf your goal is to have tenants move out so you can do renovations I'd hold off on doing upgrades unless they lead to higher rents.However, if you want to keep the tenants and the repairs are inexpensive and beneficial long-term, it’s worth doing because vacancies will cost you more.Replacing items like appliances can be costly, so if they're working well, I wouldn't address those kinds of requests.
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5 September 2024 | 0 replies
They accepted terms for creative financing for 1 year allowing me time to improve rents and refinance with very little down payment.
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3 September 2024 | 3 replies
Is there something specific about this cabin where the furniture is going to determine the success of the STR?
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6 September 2024 | 3 replies
The biggest challenges in fix-and-flip investing often involve securing reliable financing with favorable terms.
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4 September 2024 | 8 replies
Hello @Reva SchwobI'm in your market and I can say that there's no one proven method for success, but rather it needs to be an ecosystem of a little bit of everything.
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4 September 2024 | 1 reply
Are there any good REI magazines you all have found beneficial for things like market news/trends, success stories, etc.?
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6 September 2024 | 2 replies
so, whatever the comps that you need to target are - you go for thosein terms of getting desired rents, certainly finishes will come into play a little bitand then of course you want a safe, high quality rentalone thing to note that is not often pointed out is that, with a BRRRR, the higher you boost the ARV, the higher your mortgage payment is going to be and the lower your cash flowso a few things to consider herehope this helps
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3 September 2024 | 32 replies
Rather than go into a long narrative, I’ll just state the facts 1. 99% of all people who try “wholesaling” never make even minimum wage from their efforts2.