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Results (4,444+)
Shaneese Bailey Seeking Advice on Flipping a Vacant Lot
12 October 2024 | 12 replies
That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!
Meet Anshi Why Mobile Home Parks Are the Hidden Gem of Real Estate Investing
10 October 2024 | 3 replies
You’re offering people a place to live that’s both budget-friendly and comfortable, which translates to lower vacancy rates.Another key advantage is lower overhead.
Johnny McKeon WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
12 October 2024 | 16 replies
Interest Rate StabilityThe 6.375% rate is significantly lower than the 7.75% rate, which translates into substantial savings each month ($641.66).
Joseph Lawrence New homes in North Dallas.
4 October 2024 | 4 replies
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Priscilla Chin Feedback for gauging rental demand and looking at rental comps
7 October 2024 | 4 replies
The market could be "hot" for home sales, but that doesn't always translate to rental demand.
Gagandeep Singh Is there any market that still meets the 1% rule?
8 October 2024 | 36 replies
Whenever I see someone post that "I can't find good deals," I translate it as" "I can't find anyone stupid enough to leave money on the table."
Michael Bell Investing in Parking Lots & Garages - My story so far
2 October 2024 | 4 replies
Response rate has increased each time.  1st round only one callback; which translated to one offer and no deal.  2nd round 5 callbacks; one offer (cold call); and no deal. 3rd round (just went out), 2 callbacks so far.- Last November, while researching the parking industry, I came across a non-profit organization called Veterans in Parking (ViP).
Garrett Dube 3 SFH Rentals | Goal is 50 units
29 September 2024 | 13 replies
Whenever I read investor posts about unit count goals and utilizing section 8 rentals as the vehicle to scale a portfolio it loosely translates to buying real estate without paying attention to the fundamentals in the markets where they invest.
Michael Plaks EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies
With the current 80% bonus depreciation, it translates into a $40k deduction and $10k in tax savings, give or take.
Jacqueline Lee Is “OPM” real or a myth?
2 October 2024 | 15 replies
This translates to you will only receive $98,000 ($100,000 minus 2% <points>.