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20 September 2024 | 39 replies
It's all about balance and attention to detail, from the big-ticket items like kitchens and bathrooms to the smaller aspects like layout and functionality.Your example from "Flip or Flop" is spot on—what works in one market doesn't necessarily translate to another, and understanding those nuances is key.
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19 September 2024 | 8 replies
And you can determine the sweet spot for pricing your place based on comparable properties that are your competition.Mike
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20 September 2024 | 9 replies
Your build out cost will be less competitive for the elevator systems, fire sprinklers, exterior parking spots- unless you do drive through load zones, and exterior wall surface.e.
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20 September 2024 | 19 replies
You are in the right spot to start making things happen!
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18 September 2024 | 3 replies
Oftentimes, a direct line to the owner is the biggest challenge.I'd be prepared to make an offer on the spot BUT I'd also be prepared to take things 1 step at a time.
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18 September 2024 | 3 replies
Bella Vista is a really great spot for a homeowner but investing there is tough.
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19 September 2024 | 13 replies
Plus, it’s easier to learn and perfect your processes on cashflow properties because they provide an income cushion for any mistakes you might make.Looking at the Greater Toledo market, there are obvious cashflow areas, but what about the appreciation spots?
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25 September 2024 | 96 replies
Some states require a long formal court process, during which time the person in charge (executor or administrator, aka personal representative) may have certain interim powers to sell real estate before distributing to heirs or beneficiaries.Other States make it possible to get a single court order distributing real estate to heirs or beneficiaries without the need of the lengthy interim (formal) probate.Still other States permit a really informal, simplified method of transferring real estate from a deceased person to their heirs without court involvement.Hence, you you've got to know the State, the basics rules for that State and what's required to purchase in order to know when the sweet spot to market to a probate seller is.
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19 September 2024 | 12 replies
When the time comes, if Texas is too far or expensive - don't forget about the Scranton market - that's a hot spot where a ton of NJ / NY residents to start buying affordable rentals.
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19 September 2024 | 8 replies
Hi Patrick,It sounds like you’re in a great spot to jump into property flipping, especially with your background in general contracting.