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6 August 2024 | 1 reply
I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.
6 August 2024 | 16 replies
What if your loan has higher costs than you were thinking?
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6 August 2024 | 3 replies
Hi @Asif Ali Kabiruddin Rajani,What we hear a lot from other Americans is that real estate opportunities tend to cost less here in Europe (especially in countries such as Spain where we are active).A thing to keep in mind though is your tax planning as you will still need to pay taxes based on the US guidelines if I'm not mistaken.
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5 August 2024 | 4 replies
Feel free to reach out here, happy to see if we might be able to help.
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5 August 2024 | 8 replies
And an infestation of German roaches that made the pest guy jump (he said).After everything was said and done, we incurred 4 times the cost as I was told/ estimated.
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5 August 2024 | 4 replies
I'm typically free for Saturday & Sundays.
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4 August 2024 | 15 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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6 August 2024 | 9 replies
Approaching 30 MTRs in LA and some in Vegas, I've learned a lot from Allen, who also recently launched a free Skool Community where he has weekly Q&A sessions and provides long-format content on how he operates his MTR business.If anyone reading is in NJ or has an interest in MTRs, the above folks are the go-to people!
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6 August 2024 | 5 replies
That's 56k, plus closing costs maybe 63k.
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4 August 2024 | 12 replies
Cost of securing the collateral is much more expensive here and foreclosures can be troublesome.