
16 September 2024 | 6 replies
Here is the fee structure:- Flat fee of $595 per transaction (deal over $1M has a higher fee)- 100% commission to agent- Free E&O insurance $1M for every transaction- Updated forms for buy & sale transactions (similar benefits as from the NAR membership)- Annual membership fee of $109X3=$327- No mandate on NAR membership ($550 per year in MA.

16 September 2024 | 22 replies
I had to extend the loan once and completed the entire thing in just under 2 years while working full time.

16 September 2024 | 3 replies
My ROI will be $7200 per year and the purchase price is $62,500, around a gross ROI of 11%.

15 September 2024 | 0 replies
Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.

16 September 2024 | 35 replies
I've done 2 deals from these connections in the last year from BP.

16 September 2024 | 7 replies
Hi,I lent some money to 3 people last year as a private lender.

17 September 2024 | 8 replies
The idea being in a hot rental market with rising values a sale in 10 years will net us a decent amount of money, even if we are only seeing a relatively small percent of total equity in the deal.Thoughts?

16 September 2024 | 1 reply
Take your yearly net income (rents - applicable expenses) from this ADU and divide by the appropriate cap rate.

16 September 2024 | 6 replies
The perk of the HELOC is that you'll have access to those funds for years which is great if you want quick and easy cash offer opportunities.~ Lindsey

16 September 2024 | 4 replies
Honestly some of the best borrowers I have worked with (10+ flips in the past 3 years) do not even do 90% LTV.