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23 February 2024 | 21 replies
Getting your Real Estate license is a great idea for flipping houses you will be able to save 2.5-3% when you buy (if listed on MLS) but definitely when you sell which is a nice added cushion in case unexpected expenses come up especially when starting out!
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22 February 2024 | 21 replies
So like I fool I thought this person worked a couple jobs putting in 80 hour weeks and rehabbed his own house etc.
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21 February 2024 | 11 replies
contractor or maybe contractor these guys that do low value jobs are basically judgement proof as in they have no money..
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22 February 2024 | 4 replies
The nice thing about commercial is that it's a little easier to figure out your returns.
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21 February 2024 | 9 replies
To have a home you had to have property and if you were going to build a home it was usually a very nice home.
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23 February 2024 | 35 replies
A Perfect nice 3/2/2 1400 sq ft per side is 575k , this one could be 365k if they accept my offer i sent last night) this rents for 1600 the perfect one rents for 1850-1900 but takes 6x the cash to get in breaking all the returns with cash flow going to 0 , Cash on cash going to 2.3%, and cap going to 6.7, overall a larger piece to manage.
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22 February 2024 | 9 replies
But, if others work on your property, you should just be compensating them with payment for a job done.
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22 February 2024 | 2 replies
The appreciation is nice but is not a given and is more of a hope
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22 February 2024 | 7 replies
@Baskar Krishnan - Flips are doing well (nicely renovated, not just painting walls and cabinets). 80K seems high.