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12 June 2024 | 57 replies
Maybe it is because they are building out the product or maybe it is just lack of actual use in the product.
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12 June 2024 | 5 replies
But there are also a lot of unprepared investors asking for time from good agents without being ready to do the work.If you are an agent or have worked with a great investor-friendly agent in your career, add to this list.
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12 June 2024 | 11 replies
I like it vs doing an older building where you're spot fixing problems and are hoping nothing to signicant is hiding in walls.
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9 June 2024 | 5 replies
Building roads and extending utilities comes after a lot of other expensive and time-consuming work.
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10 June 2024 | 3 replies
Greetings,I am a recent Civil Engineering college graduate, and I am looking for advice on how to secure funding.The deal is located in FloridaI am currently in process of purchasing the Land for $18k free and clearI will be building an 1100 SQ/FT home construction cost will be around $130,000What are some ways I can secure funding as a 21-year-old inspiring developer?
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11 June 2024 | 1 reply
I'm not close at all to being financially ready to look at purchasing properties, but I would love to connect with fellow members of the community, especially any New England-based investors that look to invest in buy and hold properties out of state.
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11 June 2024 | 11 replies
I will have one apt from time to time with a Section 8 person but I would never operate a Section 8 building.
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12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).
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12 June 2024 | 1 reply
Good morning all,I’m a vet and current firefighter looking to build financial freedom.
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14 June 2024 | 13 replies
I and other investors have bought 10+ unit building or packages that are in disrepair, run by landlords with no funds or inclination to rehab them and as a result were rented at very low rates to tenants who wouldn’t complain about all the problems.