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20 January 2016 | 13 replies
Obviously there are tax strategies that you should evaluate when doing either, but you probably have a head start on that versus most of us!
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21 January 2016 | 19 replies
I put out marketing packages based on actual numbers because all experienced investors will do their own underwriting and make offers based on real numbers but this is hardly the norm.It would behoove you to look at IREM.org as they have financial information from local property managers in every major market and they'll give you the real numbers when it comes to the cost of repairs, water & sewer, heat, electrical, payroll and other information.Once you have this, you should start practicing underwriting deals with your own spreadsheet or one like RealData so you can learn what a deal will actually make versus what BS brokers put out to market.
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18 January 2016 | 22 replies
Clearly, the septic system is part of that.You'll get a large range of opinions regarding the frequency of required cleaning.
16 January 2016 | 3 replies
I love going to different homes, seeing the vast differences in quality and layout, comparing them to the local market, and putting it all together to make a "big picture".My largest challenge so far is developing an effective marketing system.
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9 October 2017 | 3 replies
I also see some great deals that go for 30-50% of the ARV.I've spent the last few months educating myself on the laws, rules, and processes of tax deed sales and feel like I know the system pretty well.
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9 October 2017 | 6 replies
That's because with syndication you are leveraging knowledge, systems, money, and taking advantage of economies or scale.
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9 October 2017 | 4 replies
- The difference in cost from that timeline of fixing up the SFH (how long will it take and what will that cost you, plus just the general cost/hassle of having to do it...)Really, it does come down to your strategy and comfort level and goals but hopefully that gave you a few other things to consider versus just price and income.
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10 October 2017 | 7 replies
Which may be frustrating because their system is more set up to handle people's names being impersonated rather than phone numbers, but there is a form for people without Facebook accounts to fill out in such a situation.
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10 October 2017 | 4 replies
However if you were cash rich and didn't trust the banking system (like some people) and wanted to get traditional financing but also had the "cash" necessary for a purchase.
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10 October 2017 | 7 replies
Alaska is in a recession right now, because of the oil prices, the State is running out of money and laying off state workers, I recently read the AK Marine Highway / Ferry System won't have enough money to run after April.