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9 April 2024 | 11 replies
The buyer is a dentist with $200,000 to put down on a house and had a FICO score of over 800.
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8 April 2024 | 8 replies
I've had clients pick up a half dozen homes without ever putting more than 5% or 10% down or selling any of them.
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8 April 2024 | 3 replies
As a option, instead of a commission structure, you can put them on a bonus plan and provide payouts based on a set of criteria.
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8 April 2024 | 0 replies
He makes sure to pay each month but mails them late , spills something on envelope so its returned to him, once he just put my first name only with no address and the zip code.
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8 April 2024 | 2 replies
Its a numbers game, the more offers you put in, one of them is sure going to bite.
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9 April 2024 | 19 replies
; doing this greatly reduced the number of non-serious viewings...all this stuff saves me a lot of time and effort (which ultimately saves me money, and allows me to make more money). ...so, I'd suggest studying up on how to streamline your tenant acquisition process--putting in some work up-front on that can save you a lot of time, effort and money in the long run.Good luck out there!
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9 April 2024 | 12 replies
From your research, you determine that if you put in an all new kitchen and bathroom, you can get $1600/mo.
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9 April 2024 | 3 replies
I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more.i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)
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8 April 2024 | 9 replies
The potential tenants that came for showings did not seem remotely put off by the rental price.