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2 February 2022 | 3 replies
I’m hoping for a 0-4 unit A/B FHA.I have an apartment lease that ends in May and am currently relentlessly scrolling Realtor/Zillow and practicing analyzing with DealCheck.I’m realizing a deficit of on-market deals and ALSO realizing a need to pursue off-market deals via networking with clients at my job, accessing tools such as Propstream and initiating local landlords in the area.I’m curious if anyone has any insight or encouragement to share about this “stage” in the process and how you have found success and/or breakthrough.Warmly,Nic
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2 February 2022 | 0 replies
- Initially removed problem tenants, renovated four units, and raised rent.- Future plans to add one unit and raise rent on former property manager by $450 per month.
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2 February 2022 | 0 replies
Back to the initial example of you stating your 10-lbs goal and your doctor's recommendations.
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6 February 2022 | 2 replies
I initially looked at properties that I could afford with the understanding that extra money would be needed to bring it up to speed, basically following the BRRRR blueprint.
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2 February 2022 | 0 replies
When we initially put our offer in with the seller financing option he rejected the offer.
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3 February 2022 | 7 replies
Even if that is not the case initially, strongly appreciating properties also tend to see corresponding market rental rate increases - meaning that an initially weak cash flow property could become stronger in a few years' time.
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5 February 2022 | 2 replies
Or you could buy a duplex in need of rehab and wrap the rehab into the initial purchase price with 3.5% down....which would ALSO work very well and show very good "cash on cash" returns.
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4 February 2022 | 6 replies
All of that cash can be used for down payments on properties that will pay you large dividends on the initial capital you held so close. 3.
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3 February 2022 | 2 replies
Hello all, we recently received a new estimate from our GC on a flip property in San Antonio and the new estimate is about 50% higher than their initial one (the one prior to buying the home from the wholesaler to flip/receiving hard $$, etc).
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21 February 2022 | 84 replies
The strategy isn't that different from what you are doing except you would be finding properties that need some work that can help you refi and get your initial investment out.