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12 March 2018 | 29 replies
Please leave comments and feedback if you like what I am doing and more importantly, if you see some red flags.The diary will cover the following topics:How I found the dealDeal analysis and my planThe rehab – finding and managing contractorsGet it rented
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5 January 2016 | 24 replies
Along with so many homes and units that are suffereing burned out landlord syndrome IE vacant out of area landlord just get rid of the thing what was I think buying a 30k duplex in the hood ... that kind of thingI think in your higher priced markets your play is for heavy duty rehabs. and value adds.But I see so many wholesaler just never get anywhere because the margins are just not there for them to make a spread and the end buyer does well.and or the market is red hot and you have to find that one in a million who does not realize it.
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22 March 2016 | 21 replies
She is already paying a late fee in the accounting of this last month's rent.Her unit has to be totally rehabbed (she was in there for 10 years, it's a mess), but I'm trying to give myself an option to pursue if there are "parting shots" of additional damage in the wake of their moving (think @Brandon Turner's "rocks in the plumbing" story).
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16 November 2023 | 72 replies
We have cleaned that up and are currently sheet rocking our second home and leveling the lots and preparing the pads for the next two.The biggest risk in any real estate investment in my opinion, is to make sure your estimate months are correct on both the cost to build and the price you can sell it for.I hope this helps.Good luck.Rich
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7 January 2024 | 50 replies
I did a mini-retirement (2 year rock climbing/ Mt.
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18 March 2021 | 7 replies
Hi Gordon,Yes I've closed 3 deals with them (1 portfolio 9 property package refi under a brand new DE LLC, along with 2 separate rehab line of credits ive closed under different LLCs - 1 indy, 1 little rock).Im happy with my choice although they aren't the cheapest, but it got the job done (BRRRR a package of SFH/duplexes).
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20 February 2020 | 24 replies
Maybe a website, a virtual assistant and Google voice.Hit every real estate meetup, ask every person if they wanna sell owner finance to a beginner, and throw a bucket of red paint in the air and try to not look like a bloody mess...
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16 October 2022 | 73 replies
I’ve seen posts on here about this, but I’m curious what the consensus favorites are (and if there are any that are not advisable or that raise red flags - that will be very helpful).
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7 November 2017 | 18 replies
If the daughter doesn't have the money for an apartment, doesn't have a job, and can't find her own apartment with out daddy doing it for her..........RED FLAG.
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19 November 2017 | 21 replies
Red flags!