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27 October 2024 | 24 replies
BS, those same deals stayed on your marketplace for months after you said they were taken down, and they were not even available anymore (a "principal wholesaler" in your marketplace even told me one of the properties was no longer available, and your team was CC'd on that email!)
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23 October 2024 | 1 reply
I'm excited to introduce Nuovo Management Corporation (aka Nuovo Corp), where we bring creativity and integrity to property renovations, flips, and preservation services.
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23 October 2024 | 13 replies
@Kala SamuelTo start investing in real estate, define your goals and strategy, choose a market with job growth, population growth, and rental demand, finance your first deal with FHA Loan, conventional Loan, or Hard Money Loans, find the right property, build a support team, make offers, inspect the property thoroughly, and manage wisely.
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23 October 2024 | 1 reply
We also were able to take over the property with 20% of equity built into the deal, and it is newly renovated.
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22 October 2024 | 1 reply
This month we'll answer your questions and hear from a property manager who has made it work!
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23 October 2024 | 1 reply
I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split seems like a deal if the property is worth over $550k like you say it is.
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24 October 2024 | 14 replies
@Troy Bailey no we moved on because we got outbid to n the property.
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23 October 2024 | 4 replies
I am not really in a position to purchase my first property just yet, but I am getting all my financials in order and saving up to hopefully buy something next year.
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22 October 2024 | 3 replies
I’ve spent months doing online learning, lots of property analysis, and meeting people.
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22 October 2024 | 2 replies
Hi, I own a free and clear property in Gloucester County NJ with my wife and her parents, and want to put it into my LLC.