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9 February 2025 | 8 replies
Is it better to have a willing seller and buyer before sending the initial purchase/sale agreement?
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9 February 2025 | 4 replies
I actually purchased a SF house with a two story detached garage in a nice area of brockton.
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24 January 2025 | 1 reply
Purchase price: $70,000 This was a 3 bed 1 bath that I paid for.
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10 February 2025 | 16 replies
Buyers usually want to purchase on today’s value while sellers often want to use future potential of the property (“current rents are below market” or “room to build an additional property”, etc) to increase the purchase price or likelihood of a sale.
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9 February 2025 | 3 replies
@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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29 January 2025 | 1 reply
Also, important to confirm they will be warrantable condos for end buyers otherwise it will be very difficult for end buyers to secure financing and thus purchase the units.
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9 February 2025 | 5 replies
I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.
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6 February 2025 | 7 replies
That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.
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2 January 2025 | 10 replies
Remind them of quiet hours, city ordinance, right to quiet enjoyment, etc.
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4 January 2025 | 12 replies
An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.