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3 February 2017 | 11 replies
In a perfect world, appreciation or immediate equity value add at purchase along with cashflow is the best combination, but this market makes it difficult to find these elusive properties... condos dont appreciate nearly as much at SFRs do... that being said, I found 3 condos in DC area that I bought under value at purchase and they cashflow and have appreciated... good luck
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22 January 2017 | 0 replies
In the 12 or so deals we have done in our 1st year we have done really well, but we weren't perfect.
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31 March 2019 | 33 replies
it is not about screening or luck. they could be perfect when you screen them. people could change overtime. they could become smarter while they live there. they could lose their jobs. they have child support which they don't have that while screening.
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23 January 2017 | 5 replies
Now say everything goes perfect and the rehab costs $20K, we do it in 1 month, and find a tenant right after.
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22 January 2017 | 0 replies
hey guys, i want to pick your brain about dealing with different issues that our seller faceI'm trying to build my plan before I'm starting my Direct mailing campaign those are my questions :1) What would be the perfect Seller to buy your property from?
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22 January 2017 | 4 replies
Hey you answered my question perfectly.
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24 January 2017 | 8 replies
Sounds like a perfect fit for a 4-Plex!
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29 January 2017 | 8 replies
I post a lot on this, so if you're considering TK, here's a link to a post on questions you should be asking to weed out the the charlatans, written for another CA newbie ;) https://www.biggerpockets.com/forums/55/topics/361999-new-investor-from-glendale-ca@Mike D'Arrigo is also spot on that a lot of people wait and wait and wait for the perfect investment and miss out on building a portfolio of decently cash flowing properties.
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24 January 2017 | 4 replies
Adam Janko It looks like your mortgage is perfectly fine...good even.
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25 January 2017 | 3 replies
TURN THE WATER MAIN INSIDE THE HOUSE OFF (a foot inside the house in a perfectly dry closet--turn a simple valve on/off).Who wouldn't instantly call THEIR OWN COMPANYS FULL TIME FULLY STAFFED MAINTENANCE TEAM or 411 call a local plumber or at a minimum FROM THE SITE email/text/ call the owner??