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9 July 2024 | 0 replies
I can get up to 30k/ unit for a multi family home in renovations but must rent to low income for 10 years."
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11 July 2024 | 2 replies
I have saved a few fall out deals from some desperate brokers, but they have very low production or are inexperienced.
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12 July 2024 | 10 replies
Full Brick Detached Duplex in Optimist Park (4 Bd/2 Ba) 1610 sq feetPP: $565k DP: $28k Closing Costs: $0 ($15k seller credits) *Used to cover CC & Buy Down RateRenovations & Furnishings (MTR/STR): $47kCash Invested: $75kARV: $675k-$700kJust a quick aside, I think right now is a great time for an investor, because there are a lot more people on the "side line".
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13 July 2024 | 21 replies
The 232 seems a little low for a popular place like Blue Ridge but not crazy.
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14 July 2024 | 15 replies
I'd say all the stats are similar from Cincy, Columbus, and Cleveland EXCEPT we are a lower cost of entry by $36k(cincy)-63K(columbus)!
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9 July 2024 | 16 replies
Construction cost settled at $950k.
9 July 2024 | 22 replies
I now have it at $9k/mo (the rents were low), and I've done several like this.
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11 July 2024 | 7 replies
I think a lot of this has come out due to the low standard of brokers out there that give the industry a bad name unfortunately... its so easy to get a license nowadays.
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10 July 2024 | 7 replies
Building the right way the first time lowers future repair and capex costs.
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11 July 2024 | 6 replies
My carrier, Mercury, opted not to renew because my buildings turned 60 in 2022 (policy cost = $11K).