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8 July 2024 | 4 replies
I'm used to purchasing property all cash, but I want to buy another property within the next 2 months without waiting until I have enough cash to purchase because that'll be another 1-3 years of saving.
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12 July 2024 | 17 replies
If you do buy a new build, make sure you still get an independent inspection done and regardless of where you buy, go and look at the property in person during the contingency period.
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12 July 2024 | 9 replies
BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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12 July 2024 | 7 replies
I would like to know how I can buy an investment in Baltimore, MD.
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13 July 2024 | 9 replies
Quote from @Paige Seeley: Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.
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12 July 2024 | 7 replies
I read the book Rental Property Investing by Brandon Turner, did some research, played with the buying calculator and rental, listened to some podcast.
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12 July 2024 | 3 replies
Every commission agreement between a listing agent and seller is negotiable and the negotiated percentage is determined by the Seller and it is shared buy the listing brokerage and the brokerage that brings the buyer.
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12 July 2024 | 1 reply
Hello everyone, With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land (10-12) years down the line.Though the market always changes, I figured with investing into highly appreciating markets now, the properties I buy will accumulate the equity needed to be able to sell in the future which in turn will lead to the income needed to build and buy land.
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9 July 2024 | 2 replies
We gather all documentation into a Google Drive folder for potential buyers, including:Renovation details (brochures, warranty cards)Pre-listing inspection reportPre-listing appraisalWell system documentationSeptic system documentationSharing this folder with agents and on the MLS helps create transparency, leading to bidding wars and waived inspections, often resulting in offers over the list price and fewer repair concessions.By identifying properties that fit the rural buy box for entry-level to mid-priced buyers and tackling major expense items upfront, we remove risk from the transaction.
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12 July 2024 | 3 replies
Before this I made about 170k on the 3 previous homes I bought fixed up and sold.I see a decent opportunity to buy a fixer upper and have it turned around pretty quick.What's the best option I can use/present to get financing on the project.