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18 July 2024 | 3 replies
However, because they cash flow well, it can be difficult to get deals in those areas sometimes, but we come across them quite often.
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18 July 2024 | 4 replies
With that being said, I dont think it hurts to knock out some leasing for fast cash but let it steer you away from your long-term goals and staying on the path will get you there the fastest.Good luck!!
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18 July 2024 | 4 replies
If they’re paying 85% cash, like from a 1031 exchange you have almost zero risk and 6% is fine.
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18 July 2024 | 2 replies
I personally work in the Columbus, Oh market because my research lead to this market.Build a Local Team:Find reliable local professionals such as real estate agents, property managers, contractors, and attorneys who are familiar with the market.Network with local investors and attend real estate meetups to get referrals and build connections.Set Investment Criteria:Define your investment goals, such as cash flow, appreciation, or a balance of both.Determine your budget, financing options, and the type of properties you want to invest in (single-family homes, multi-family units, commercial properties, etc.).Financial Preparation:Secure financing or funding for your investment.
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16 July 2024 | 1 reply
Mechanicals are in good shapeARV: $280k-$300k~$74kish left on the mortgage - 6.75% interest about $890 monthly payment / HOA ~$200 a month / Insurance $35 a month / Taxes $355 per month / Tenant pays Water, Gas Heat.
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17 July 2024 | 4 replies
Initial cash flow goes toward recovering the initial equity position.
17 July 2024 | 1 reply
Purchase price: $118,000 Cash invested: $30,000 This is a single family property this is rented by the room.
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15 July 2024 | 13 replies
Might be able to get a contract with the buyer of the cherries and thow some cash at you upfront for signing a agreement to buy the crop but I don't know what the alternate bearing looks like on Cherries in Washington and the brokers may not be willing to pay upfront in that area... or a upfront lease payment from the renter...
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18 July 2024 | 6 replies
I currently invest here in Columbus, Ohio and I have two duplexes over here that are cash-flowing well.
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19 July 2024 | 100 replies
Your duty is to the seller, and your payment is from the seller.