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21 June 2018 | 7 replies
(This would likely take 3 more years to do completely)-Would you recommend single family homes or multi unit buildings for a first investment?
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21 June 2018 | 5 replies
A few are: Jake & Gino - Wheel Barrel ProfitsBest RE Investing Advice with Joe FairlessPillars of Wealth Creation with Todd DexheimerOld Capital PodcastThis isn't a complete list but a few to get started.
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20 January 2020 | 3 replies
After completion of your first deal more people should know about what you have recently done vs what you will be doing.
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26 June 2018 | 8 replies
Now, with all the reading and self-education I’ve completed, I am somewhat aware that focus should be on specific niche.
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30 August 2019 | 19 replies
With delayed finance you only get ONE SHOT to get this right. once the HUD is complete, it's done, or as I like to say "you own it now".
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25 June 2018 | 3 replies
In Seattle over the next two years you have Facebook doubling their Seattle area head count, Microsoft is opening their new bigger campus, Amazon has a couple more office buildings that will be completed and Google is taking over additional office space....along with a bunch of smaller growing companies continuing to expand and bring in high paid talent.I would do anything I could to not sell the Seattle property.
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5 December 2018 | 6 replies
Edwin shared research his team completed on the Tucson economy.
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21 June 2018 | 0 replies
And ALWAYS follow up.Here are the numbers on the deal:- $108,000 Purchase price- $8400 closing costs- $70,000 Rehab Costs- $2,000 holding costs for two months (estimate is 5 weeks to completion but lets say two months, it wouldn't be so quick but equity partner is full-time GC on-site)- $274,900 ARV (Appraisal completed by bank)- $5,498 Selling Costs- $16,494 RE Commissions.Net Profit = $64,508 about 23.5% profit off of ARV.Now the fun part begins, I'll report back with pictures as we go through this.
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30 June 2018 | 54 replies
However, if this is simply a case of spending a little less on personal lifestyle choices now during a cash poor period while you complete a couple of rehabs, I say absorb the lifestyle pain now and enjoy the profits down the line.
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14 July 2018 | 7 replies
I will give the the complete story from beginning to end