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13 July 2024 | 1 reply
Purchase price: $185,000 Cash invested: $85,000 Sale price: $330,000 3 bed 1 bath total flip, top to bottom everything inside was touched at some point.
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9 July 2024 | 5 replies
You count those hours and the travel time, the offer prep, the research, and your wage is low.Most consumers also think we get the whole check.
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13 July 2024 | 9 replies
I have been a small RE investor for the last 5 years or so, and I finally have come by my first rough ride with a tenant who I inherited with the purchase of my last triplex in Sellersville, PA.
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10 July 2024 | 112 replies
It's the most susceptible and bottomless aspect of consumer discretionary income.
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13 July 2024 | 5 replies
These can sometimes offer better prices than big box retailers, especially for bulk purchases.- Wholesale distributors: If you're doing multiple projects, consider establishing relationships with wholesale distributors for better pricing on bulk orders.- Closeout and overstock stores: Places like Floor & Decor or local overstock outlets can have great deals on flooring and other materials.When choosing between Home Depot and Lowe's, keep in mind that both offer price matching, with Home Depot often providing an additional 10% off.
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12 July 2024 | 3 replies
So of the $850k I have from selling the house I use $300k of it and the $700k mortgage loan toward the purchase of the $1 million house.
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12 July 2024 | 3 replies
If the seller has an existing mortgage, you can purchase the property on contract, but this option carries more risk since you won't hold the title.Hope this helps.
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12 July 2024 | 48 replies
Hi @Aaron Henes,We can put you in touch with a number of our investors who have purchased these "low down" properties.
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13 July 2024 | 3 replies
I used to pay a site visit to every property of which we were considering lending or purchasing an existing note.
12 July 2024 | 8 replies
I also had both units in the duplex occupied by tenants when I purchased it, but I was able to let their leases expire, complete the renovations, and move into one of the units after renovations were completed within the 6 month timeframe.