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30 April 2018 | 15 replies
Would you be able to recommend some asset managers or banks that I could start receiving tapes from ?
27 April 2018 | 0 replies
I have excellent credit, a 126k salary, plus about $30k of my own savings.
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7 May 2018 | 7 replies
Worked for a house-flipping company in the past but this will be my first personal flip.Bank ApprovalMe: Pre-approved for $250,000 all in (acquisition + rehab)Jack: working with the same lender but hasn't received his numbers yet.The Deal (we found one!)
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29 April 2018 | 3 replies
Good afternoon Stephen Dickey ,If you’re willing to work with an agent, look up any listing in your area on Zillow, redfin, realtor, etc... the 2-3 agents who come up on that listing should be receiving several buyer leads per day.
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27 April 2018 | 2 replies
From estimates received from contractors it might be a maximum budget of $30K to do a garage conversion where I'll rent it out as a 1bd/1ba for about $700 monthly or make it into an AirBnB that can average $2k a month.OR use the 30K to use as a downpayment on a new property with a mortgage but I feel the profits would be less in this market along with the rising interest rates.
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28 April 2018 | 11 replies
If someone has 120 properties, likely they have a number of units turning over that they are receiving utility bills for.
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15 May 2018 | 26 replies
The data tables in excel opened up a whole new world to me so you are preaching to the choir about IRR sensitivity.
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27 April 2018 | 4 replies
Excellent!
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17 May 2018 | 4 replies
-Ability to read and understand most contracts and financial documentsWhat I need:-Money to fund deals likely 400k-1.2 million for first acquisition-Multifamily Experience for the loan and to make raising the money easier (probable possible without, but much better with)-Net worth and Liquidity requirements to qualify for the loan-Experience in turning around a value add in 12-18 months successfully -Experience in Underwriting deals and due diligence-People who are very good at organizing and systematizing-People who excel at operations and administration-People who have a great understanding of construction and contractors (Boots on the ground is a huge plus)All honest feedback is greatly appreciated.Thank you!
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30 April 2018 | 20 replies
Happy to receive a compliment like this.