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3 December 2021 | 33 replies
I meant that the drive-to category as a whole is faring significantly better than STR’s in major metro areas and those that generally are traveled to by plane.
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12 April 2020 | 2 replies
I did the numbers and calculated that a good price to buy a property worth that much would be.I used this formula: Max Offer = (Rehab cost + profit + closing costs) - Wholesale feePlugging in the numbers I got:((1560sqft x 30) + 29600 + 14800) - 5000 = 86200So my max offer would be $86,200At first I thought I would jump on the asking price of $69.9k, but my only doubts were that the realtor only gave me 1 comp because the other properties in that area had been sold at auctions for rock bottom prices.If the realtor had given me 3-5 comps I would've been a lot more confident to say go ahead and accept the $69.9k, but I'm relying on being able to wholesale the property to an investor once I have it on contract, and I don't know what I could prove to them by showing them 1 comp.Should I have accepted the $69.9k 1 comp property?
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23 April 2020 | 9 replies
Again, with the strategy there are number of things to consider and things I am leaving out with regards to due diligence.Since you confidently said that you could sell the home for $20,000 cash.
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13 April 2020 | 43 replies
I'm guessing this was history's "all-time best seller" in real estate investing and I'm confident many who are posting here, "picked-up" some great real estate "investor tips" and "investor strategies" from this great "investor icon", over the decades!"
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14 April 2020 | 17 replies
I’m investing full time and have done so while traveling for work 4 days a week (until Covid).
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13 April 2020 | 2 replies
As my experience in the real estate/wholesaling business grows, I plan to begin building my own investment portfolio in order to achieve the ultimate goal of financial freedom.Outside of real estate, I enjoy traveling the world - 12 countries 3 continents and counting, watching my Packers get a W and spending time at the beach here in sunny Florida.I am always interested in meeting new people, so please don't hesitate to reach out with any questions or simply to chat!
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17 April 2020 | 15 replies
I am a traveling nurse and while I make good money and have great credit, banks see my job as a liability because it is contract work.
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14 April 2020 | 16 replies
Tenants will consider the pita factor when considering a relocation so if you're confident they aren't going to be able to find a better place for less money, then no concession is needed to keep them there.
16 April 2020 | 6 replies
I will soon take up a Medical Laboratory Scientist travel job with the intent to fund more real-estate buying and achieve my ultimate goal of not having to trade time for money.
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21 April 2020 | 11 replies
It is important to fully understand the numbers and have confidence in them.