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25 April 2014 | 10 replies
"What do you need to move on from this property" "If I can help you by allowing you to move only what you want, not perform any repairs, not have to worry about the lawn/pool/snow removal, etc what would you take for a cash offer" IMHO once someone moves out there is always going to be a need to do paint and flooring to get it in shape to sell to a retail buyer.
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31 May 2014 | 4 replies
I'm getting them into tiptop shape before putting them on the market.
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1 January 2018 | 11 replies
I got the building for a steal, but it was in VERY poor shape.
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1 January 2018 | 65 replies
That experience of having to balance work and school helped shape me into a frugal person and understand the value of the dollar.
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3 March 2017 | 3 replies
The house is in good shape.
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13 March 2017 | 20 replies
But if they're in good shape, I'd throw my remodeling dollars at other things first.
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29 October 2020 | 23 replies
I'm an investor by night and an agent by day (which helps me learn the trends of this area,) so I'm fortunate to have been able to learn a lot about these areas, so maybe I can help share both a bit of info mixed in with some personal opinions.First off, anything that's in Conejo-Moorpark-Simi area is not going to meet any BP rules of thumb for cash flow or flipping, unless you get some insane off-market deal.
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28 May 2017 | 66 replies
Hi Will,Like others here I think you are in good shape.
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19 May 2017 | 1 reply
Under my understanding of your description, the cash infusion from the bank is being used to fund the project, so there will be no big post-rehab cash infusion (unless you somehow sell the property for enough to cover the refinanced loan + make some substantial profit).A possible option would be to get the property in rental shape and make the repairs over time as you accumulate cash from rental income - this would help you avoid taking on debt (and likely decreasing your monthly cashflow).
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20 May 2017 | 1 reply
It seems that new trend is with all this healthy food vending machines.