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24 May 2024 | 42 replies
Even if the first deal "costs" them money, it is the cost of education and they are better suited for the next.B) Of the handful of turnkey providers whose websites I have been to and deals I have looked out, let's just say they are certainly painting a VERY rosy picture.
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23 May 2024 | 0 replies
Circumstance of needing a place to live with the intent of selling for a profit mitigating costs How did you find this deal and how did you negotiate it?
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23 May 2024 | 13 replies
I would do nothing with it right now as the cost to borrow it is too expensive and real estate returns have been compressed.
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23 May 2024 | 7 replies
So having said all that, properties that attract high quality tenants (location, location, location) cost more and have lower returns.
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24 May 2024 | 5 replies
Or a $500K property with a rehab budget of $200K and $35K for carrying costs and an ARV of $1M.
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26 May 2024 | 102 replies
We have had Bad deals, that we still made a lot of money on, because of our financial analysis and looking at potential cost over runs, occupancy slippage, locked in interest rate, and market rate slippage.
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23 May 2024 | 5 replies
I got a structural engineer to look at the house and he said I would need to take out the floors from the top down redoing all the floors and most of the crawlspace and that would likely cost about 20k.
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24 May 2024 | 6 replies
Take the selling price $750k, deduct selling costs ($50k?)
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23 May 2024 | 4 replies
I have been trying to gather as much information as possible and make sure that I don't make any costly mistakes right off the bat.
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23 May 2024 | 35 replies
., pay off their existing loan, closing costs, and/ or put some cash in their pocket, etc)There are 2 "legs" of the transaction.