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28 June 2024 | 1 reply
Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Don't miss this Freedman's cottage built in the Roaring Twenties.
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28 June 2024 | 3 replies
ServiceLink Auction is a credible platform for purchasing properties through auction.
24 June 2024 | 3 replies
The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.
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27 June 2024 | 0 replies
I’m purchasing an investment property in the Atlanta, Georgia area.
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29 June 2024 | 8 replies
Since you're only sending a handful, I'd keep it simple "Dear XXXX, I am interested in purchasing 1234 main street, please call me at xxx-xxx-xxxx.
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28 June 2024 | 6 replies
So, I will share my opinion and leave it for other, more tenured investors, correct me.This is my understanding: your goal is to get the property at such price and location that it would make sense for investor (your buyer) to purchase from you and do whatever they want to do with it.
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27 June 2024 | 0 replies
Purchase price: $80,000 Sale price: $115,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Jamie Munden, successfully completed a quick flip on 206 W.
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28 June 2024 | 4 replies
I have purchased a number of properties subject to the mortgage.
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27 June 2024 | 0 replies
Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.
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27 June 2024 | 0 replies
Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.