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6 February 2025 | 42 replies
I am putting in a link to something that may be help, a cost of living comparison calculator (https://www.bankrate.com/real-estate/cost-of-living-calculat...).
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10 February 2025 | 2 replies
The family viewed the house, loved it, and requested that I install satellite TV and add it to the costs, which I did.
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25 February 2025 | 8 replies
Plus, these properties are usually sold as-is, so an inspection wont change much.What experienced Flippers Do InsteadBring a Contractor Instead A 15-minute walkthrough with a good contractor will tell you what you need to know.Know Your Numbers Upfront If you price in a repair buffer, minor surprises wont kill your deal.Use the Inspection Period (If Allowed) Some wholesalers offer a short due diligence window use it wisely.When an Inspection Makes SenseIf you’re new and not confident in spotting costly repairs.If its a high-end deal or potential structural issue.If your lender or partner requires it.If you do need an inspection, find an inspector who moves fast and work directly with the wholesaler to coordinate access.
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7 February 2025 | 16 replies
While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.
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17 February 2025 | 13 replies
So, if you need to make a 25% down payment on a $200k property, then you'll need at least $50k (+closing costs).
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20 February 2025 | 8 replies
I am trying to target a savvy investor or younger buyer who want to house hack while living in main home to help with the cost of ownership.
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16 January 2025 | 9 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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4 February 2025 | 14 replies
Items such as this that could be easily replaced by almost any LL at a very minimal cost, will turn into a $135 aggravation at best if you overlook it!
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5 February 2025 | 2 replies
Having a vacancy costs money!
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22 February 2025 | 16 replies
In simple terms, it says you shouldn’t pay more than 70% of the property’s After Repair Value (ARV) minus the cost of repairs.