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14 June 2024 | 5 replies
Consider leasing the land to a local rancher for grazing.
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14 June 2024 | 30 replies
The broker must be actively involved in negotiating or otherwise arranging the loan, but this does not include merely filing out preprinted forms.
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13 June 2024 | 6 replies
I'm looking for a PM group that has a reasonable monthly rate, manages tenant selection well, addresses property issues with quality, and conscientiously and actively turns properties when vacant.
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14 June 2024 | 25 replies
I have roughly $10,000 and I'm looking for ideas on how to get started flipping houses in my local market.
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14 June 2024 | 12 replies
Since they are nearby, they would have local housekeeping and handyman contacts for cleaning and emergencies.
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14 June 2024 | 18 replies
Are you able to figure out how to house hack locally?
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14 June 2024 | 12 replies
I will get in touch with the references and also dedicate a day to chatting with local agents.
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12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $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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14 June 2024 | 5 replies
Welcome to the forum,Attending local meet ups is a great way to connect with local investors in your area.
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12 June 2024 | 15 replies
Are you local?