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5 August 2024 | 7 replies
Other than the property manager's location advantange, this sauce is the reason why I'm considering hiring a property manager instead of self hosting.After 3 years of the "set it and forget it" dynamic pricing mentality on VRBO & AirBnb, I'm on a mission to really understand what I'm not doing right that an experienced co-host is doing.
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7 August 2024 | 2 replies
Current Tenant pays $2200 rent which seems like it's about $300 under current market rate.
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7 August 2024 | 3 replies
It's a hybrid deal because the seller will also do seller financing for $83K of the equity at 0% interest rate.Here are the numbers:PITI (VA Loan) monthly payments of $1,203 with a loan balance of $203,000Seller financed at 0% $83K with monthly payments of $300Total monthly payments: $1,503Monthly rent: $1,950Down payment: $35KThe house was built in 2005 and it's spacious.
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6 August 2024 | 17 replies
We have a duplex and a lake townhouse that we rent long and short-term out of state so we have some experience as landlords.
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3 August 2024 | 5 replies
Since the interest rates are high and rent's wont cover mortgage , i'm ok with paying money every month with hope equity build up and rates going down in future .
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7 August 2024 | 13 replies
From what I've heard some real estate buying agents are moving on to become TC, others are considering the fix & flip business model capitalizing on what they do know and that is locating discounted properties coupled with there knowledge of sales simply need financial backing.
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5 August 2024 | 0 replies
The property's market conditions and location in Stockton made it an ideal candidate for a fast resale, aligning perfectly with our investment strategy.
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6 August 2024 | 2 replies
I live in California and rent an apartment.
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6 August 2024 | 4 replies
I do not need a big pitch deck put together - if I need more info I will ask for it but typically first thing I ask for is the proforma - what are the assumptions and review them to make sure they are realistic.Saw a deal about six months where the rents were $600 and they were forecasting $750.
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7 August 2024 | 13 replies
With my background as an electrical contractor, flipping seems like a natural choice, however, I'm also interested in BRRRR as I'd like to hold some properties and rent them out.