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15 July 2024 | 5 replies
If you are looking to buy an investment thats going to be tough unless you find a HML -hard money lender.
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15 July 2024 | 10 replies
Not buying/selling for others like an agent would do.Think more like get a rental or two or a short term rental to get those hours.
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15 July 2024 | 5 replies
If I buy property in different states, should I create different LLCs or DBAs under one LLC?
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15 July 2024 | 3 replies
So I looked at some local markets like Sacramento where I'm from and familiar with the neighborhoods but the cashflow would be so negative that I'd be paying out of pocket every month.Now I'm more inclined to buy a single family in KC as it seems the rates won't drop anytime soon so would like to get in the investment game sooner than later and hope for a rate drop in few years to refinance.I have been looking on Zillow, and recently connected to an agent to run numbers and seems I could make about $100-$300 after mortgage payment and insurance.
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16 July 2024 | 8 replies
Your other option is to buy commercially zoned properties in New Orleans.
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15 July 2024 | 19 replies
How many calls do you think they get for someone who is going to "buy 10 houses this year and wants to build a team?"
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15 July 2024 | 2 replies
Recently I saw the duplex that is DIRECTLY across the street from my property come on the market, and I would love love love to jump on the opportunity to buy this property as well.
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15 July 2024 | 2 replies
why is nobody buying this property?
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13 July 2024 | 9 replies
I am not keen on returning any of this money back to the main tenant as it is very evident that the damage he has caused on the property with a rotating cast of characters and a pet is likely significantly higher than $2000.5) Legal fees and other costs: Can we include a demand for unpaid rent, legal fees, and other costs in the eviction process for our tenant or does this have to be a different suit?
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16 July 2024 | 0 replies
Here are the numbers on that deal: Purchase Price + Closing Costs (buy): 181,291$Total Rehab: 18,145$Holding Costs: 6,013$Closing Costs (Sell): 12,564$Sale Price: 220,053.42Profit/Loss: -7,939.41Key Lessons I learned: 1) Be wary sourcing deals from wholesalers.