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3 December 2024 | 5 replies
In your experience do those rental comps hold true if you go North of Addison (specifically Irving & Kedzie area).
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1 December 2024 | 0 replies
Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.
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10 December 2024 | 17 replies
Shop around if you can to determine what is a good rate to pay.
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6 December 2024 | 9 replies
I've underwritten hundreds of deals, submitted tens of LOIs and not had a single one accepted- The BRRRRs I did do weren't true BRRRRs because of low appraisals, or not accounting for all costs properly and I ended up leaving around $10k for each one in the deal.
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2 December 2024 | 13 replies
Then start shopping for houses, don't engage in FOMO or real estate agent pressure.
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10 December 2024 | 100 replies
If you thinking there is some "giant" "fat" to cut out of Real Estate transactions I'm sorry it just is not true.
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2 December 2024 | 4 replies
The Go-Giver: - “Your true worth is determined by how much more you give in value, than you take in payment”The Voice of Knowledge: - “It’s not important to be right, or make others wrong.
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4 December 2024 | 16 replies
Very true and we were kind of thinking about that 3 year time span as well.
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10 December 2024 | 26 replies
I agree with the previous guys comments and say go to free webinars and Make connections as best as you can ( at coffee shops, grocery stores, restaurants and sports cloud bars, meetups, etc).