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6 November 2024 | 6 replies
The person who found the deal, future partner, found it off market, turnkey, under market rents.
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16 October 2024 | 25 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Budget : Will have to keep a factor of safety for the current exchange rates of AUD.USD = 0.68 so will cap our budget at 250K- 300K.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!
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14 October 2024 | 9 replies
I have the process, my post was regarding looking for an investor/ an Investment group, that wants to buy the % ownership.
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7 November 2024 | 3 replies
Welcome to BP.I am not sure on the course offerings, but @Dave Meyer's latest book, Start With Strategy, would be a good primer that goes to the question you are asking.Are you talking about an overview on all asset classes or more of a how-to on getting started and prepped to invest?
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6 November 2024 | 2 replies
The roof and attic are the best parts of the house, 0 problems.Main line, laundry line, kitchen line are actively leaking.
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6 November 2024 | 4 replies
It looks like this:THEM: I wouldn't be ready to rent this for six months.ME: I'm sorry, but we are not holding the property vacant for more than two weeks.
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7 November 2024 | 6 replies
*Investor-Focused Solutions: Custom loan structures that make it easier to get deals done, from seasoned pros to first-time investors.I’m passionate about helping investors simplify the loan process and make smarter financial moves.
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6 November 2024 | 8 replies
The example scenario would be if I bought a $1M property, the bank is in first position and covers 800k of the property cost, the seller agrees to cover cost of down payment and covers 200k of the property cost.Let's say we can no longer make payments on the property and it's foreclosed on.
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6 November 2024 | 2 replies
Quality over speed saves time and money in the long run.
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6 November 2024 | 7 replies
The seller wants to give a credit for repairs so we can close early but the closing costs are already covered.