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8 June 2024 | 21 replies
Hard money companies are not going to stay in business by causing ruination in their customers.
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8 June 2024 | 0 replies
North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?
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7 June 2024 | 9 replies
@Cameron Daste15 or 30 year mortgage it won't make a difference. if you buy the house for $200K and have a down payment of $50K then your loan is $150K. after renovations you sell the house for $250K then the title company pays off your old note (loan) for you and then you get a check for the $100K
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7 June 2024 | 4 replies
I’m spooked because a house hacking friend called to ask his HOI company this same question before he started renting out rooms, and they just flat out dropped him.
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6 June 2024 | 2 replies
She won the property at sheriff's sale.She is trying to close and the other title company tells her the foreclosure process is still ongoing.
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8 June 2024 | 6 replies
Fast forward to today and I'm preparing to use Jeff (Blueprint) to fund a new build.
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10 June 2024 | 30 replies
Remember, it's a marathon, not a sprint, and keep a beefy emergency fund!
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7 June 2024 | 8 replies
Can someone provide me with some resources (i.e lawyers, title companies, etc) on how to do sub-to deals in Texas?
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5 June 2024 | 9 replies
Does anyone have any recent experience working with Partner Driven Real Estate Company?
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8 June 2024 | 4 replies
@Choon Yee DeeRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.