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20 August 2024 | 24 replies
There are hundreds of thousands of agents in this country who can meet that threshold.
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20 August 2024 | 15 replies
I would take 0 cash flow on an 8 of 10 appreciation for this century over a few hundred dollars cash flow per unit and appreciation for this century that is lower than the inflation rate.
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18 August 2024 | 11 replies
Even that is a few hundred if you DIY it, perhaps more if you pay someone.
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20 August 2024 | 81 replies
@Jay Hinrichsright - but she did say "the renter wasn't paying high enough rent to cover Kiavi's requirements"so i remain confused.before BK or FC, i think worth (1) talking to an attorney to see what she signed with Kiavi, and (2) calling another lender (or better yet, 10) and seeing what's availablea few hundred for an attorney and $500-1000 for an appraisal - painful to keep spending but i think worth itstill missing info here
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19 August 2024 | 8 replies
Lenders for this exist just like I exist and have done hundreds of these funding's in multiple states..
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23 August 2024 | 181 replies
This has amazing features, but I have not pulled the trigger yet, I've learned to give seemingly amazing **** some time, and check out reallll reviews first. ninety-nine dollars per month is ok if its month to month, but to throw five hundred upfront to them and lose is not good at all. anyone else checking/checked it out, please share good and bad?
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18 August 2024 | 12 replies
Any company insuring your properties without an inspection most likely has a clause buried deep in their policy allowing them to deny claims for conditions found on the property that do not meet their UW standards and they will deny you claim based on "the house should have not been insured with them anyway".Although the inspections can be annoying look at it from the other side.You pay them 1000 to 3000 a year to insure a rental property where they agree to pay out possibly hundreds of thousands of dollars if it burns down or up to 1 million if a tenant slips on a bananna peel and falls down the steps or the tenants dog bites someone and since you didn't enforce the tenant having their own renters policy to cover the dog bite the landlord's policy is paying out.The insurance company is very much like your rich uncle backing your business venture - you run the business, he takes on the financial risk from disasters, and doesn't even get a say in who lives in the property.Your rich uncle asking you to fix the steps, put up a handrail, etc which is in your and his best interest long term.Do you really want to rent out a property with a busted front step and a bad roof that is going to leak sooner than later?
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17 August 2024 | 56 replies
Tax liens can be purchased for as little as a few hundred dollars for very small properties.The problem is that each state and county have its own regulations: they issue sale lists of tax liens certificates throughout the year, and auction dates are also different.Also, some states hold auctions once a year, some twice a year, some every month..So, I went on a rabbit hole and compiled a list of the next auction dates:November: Colorado, Illinois, Louisiana, Montana, New Jersey, Ohio, Pennsylvania, Vermont, West VirginiaDecember: Illinois, Louisiana, Montana, New Jersey, Ohio, Pennsylvania, South Carolina, South Dakota, VermontJanuary: Arizona, Louisiana, Montana, New Jersey, Ohio, Pennsylvania, VermontI actually have the whole year mapped out with websites where you can get the sale lists.
17 August 2024 | 11 replies
If I were to ever leave eXp, I'd cash out with hundreds of thousands of dollars worth of stock.
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16 August 2024 | 10 replies
As you scale, if bookkeeping isn't fun for you, consider hiring a bookkeeper for a couple hundred bucks per month.We do 20 out of state Flips/BRRRRs per year and use QuickBooks Online to manage all of our finances for rehabs.