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3 June 2024 | 12 replies
We have a cash purchased SFH in Kansas City MO that we got for $75k cash, that rents for $875/mo (After management fees, taxes, and insurance, we profit $580/mo).
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6 June 2024 | 25 replies
It is good to underestimate your occupancy numbers and have cash reserves to weather storms.
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3 June 2024 | 1 reply
There is negative cash flow… my thoughts are that either:- Rent estimate is way off- Property value is too high- Other?
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4 June 2024 | 2 replies
Purchase price: $240,000 Cash invested: $38,500 Sale price: $355,000 Partner Driven, in collaboration with Ivan West, successfully completed a fix-and-flip on Woods Drive, Decatur, GA.
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29 May 2024 | 8 replies
We're finishing a basement & also considering updating electrical / plumbing.
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4 June 2024 | 3 replies
I have had 6 people sign paperwork to buy the home over the last few months, but even the cash offers have pulled out when they see the price of Homeowners insurance in Louisiana right now.
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4 June 2024 | 10 replies
Rarely will they say a bunch of cash, it usually is something else like more freedom etc
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4 June 2024 | 10 replies
Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."