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17 September 2021 | 2 replies
I have roughly $100k saved up but would like to raise capital for deals so I can buy more attractive properties and scale faster.
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17 September 2021 | 7 replies
He is a sponsor for Orlando Real Producers and his team does a phenomenal job.
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17 September 2021 | 1 reply
Make seller financing more attractive, you could offer paying a higher interest rate to the seller.
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17 September 2021 | 0 replies
My other strategy, which seems way too unwieldy and unfocused, has been to open Google Maps, and pick random cities that I have either heard of, or are adjacent to population centers or natural attractions (mountains, lakes, parks etc), and start looking at Zillow and comparing historical data for the props I see listed to try to gauge where we might be on the bell curve of appreciation.
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18 September 2021 | 11 replies
I was able to get vacation home financing for 10% down and an attractive 3.125% 30 year conventional loan on a purchase price of $415K.
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5 October 2021 | 5 replies
Meaning, if no mice were in the unit prior to them moving in they might have brought them with them or done something to attract them.
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18 September 2021 | 7 replies
While she has little to contribute financially, I will be providing the financing, she has half interest in our primary residence that is worth about $250,000 and is income producing, and $35,000 in retirement funds for assets.
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21 September 2021 | 5 replies
Don't know anyone in that area, but many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That OOS property Class rankings are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)
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18 September 2021 | 4 replies
That may have caused small multis to look comparatively less attractive, when that is not necessarily the case.
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23 September 2021 | 2 replies
Sometimes it happens and sometimes it does not.In this case, the cash-on-cash return on the 4-unit must be terrible, but the 3-unit sounds like it could be attractive.