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29 April 2024 | 9 replies
If you can get a local agent to pull a list of recent transactions, you should be able to estimate, based on the photos, what your target property will sell for post-renovation.The repair budget is the list of repairs (with estimated costs) required to make your target property look like the "ARV homes" you found above.
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29 April 2024 | 22 replies
You can ask and see what happens.Otherwise you need to come up with the 50k or whatever is required to move forward.Maybe you could see if your lender would bundle the 2 places together in a package?
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28 April 2024 | 11 replies
My MLS usually has all the documents online like the property disclosure, rent rolls, deeds and more if the listing agent has done their job right.
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29 April 2024 | 14 replies
If the city is ok with STR's, I then check to see what permits are required for STR operation.
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29 April 2024 | 11 replies
Here in Washington you are required to have a signed checklist clearly stating move in conditions.
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28 April 2024 | 5 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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29 April 2024 | 113 replies
There are previews of it online, and if it seems to be your thing and you're seeking more knowledge about the business in general this book seems like a good- investment.
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29 April 2024 | 10 replies
and with record new class A multi-family coming online now and 2025 in Austin/Dallas/Houston, perhaps focusing on multi-family would be most lucrative for you, which you already have personal experience in, over next few years then you can acquire really good value deals as prices will likely come down quite a bit, ie more supply/higher 10 yr etc.
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28 April 2024 | 14 replies
But clearly other items are required because some that have 5 star are not getting the distinction
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29 April 2024 | 32 replies
In other words, you'll end up with tons of info and great advice, but none of it is going to do anything for anyone unless that information is applied and executed.I do appreciate the info, the knowledge and material given in the workshop and for free online, I can only imagine the more expensive course will provide even more of that.Good luck with your decision.