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18 July 2024 | 3 replies
Purchase price: $120,000 Cash invested: $100,000 Sale price: $300,000 Home was completely renovated cosmetically and partial plumping replacement.
18 July 2024 | 2 replies
I was told that on a NNN lease, brokers should take a commission of X% of base rent (price per SF x SF) - not total rent (which includes NNN).
18 July 2024 | 2 replies
Purchase price: $42,000 Cash invested: $56,000 Single Family BRRR What made you interested in investing in this type of deal?
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19 July 2024 | 3 replies
I’m still saving for purchase price and reserves, but while I do that, I heard on the podcast to try to just analyze one property a day and after a month or two it’ll become much easier.
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18 July 2024 | 4 replies
We hope to have paid-off 5-10 small multi-family properties in the Tulsa area by retirement age that should supplement our 401K's and Social-Security income.Area: West Tulsa (blue-collar neighborhood)Property Price: $360KAverage rents: $3000-$3200 (duplex)Has anyone heard/worked with Marc Ruiz in Tulsa?
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19 July 2024 | 3 replies
Most people are not willing to do this but if you're scrappy you can pay wildly different prices for the exact same thing.
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18 July 2024 | 31 replies
From what I've seen, high rates have done little to stem the real estate frenzy in the mid-lower priced real estate.
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19 July 2024 | 5 replies
There are some products out there that will go to 80 CLTV but pricing will be much better at 75%.
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18 July 2024 | 19 replies
Obviously the C and D neighborhoods will offer higher cash flow at a lower price point, but there's also some good opportunities in A- to B neighborhoods depending on what your strategy is.
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18 July 2024 | 40 replies
The city's diverse economy and relatively affordable home prices contribute to its market stability.