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16 February 2024 | 6 replies
Be sure you are working with a CPA that understands the value of leveraging the tax benefits on investment property and working with an engineering-based cost segregation company with on-site property reviews and audit defense at no cost if ever needed during your ownership.
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16 February 2024 | 1 reply
Many investors, realtors, etc, often don't truly understand what a "deal" is.
16 February 2024 | 7 replies
My approach is hands-on, detail-oriented, and grounded in a deep understanding of the local market dynamics.What I Offer:Sweat Equity and Expertise: I bring my comprehensive experience in managing the entire flipping process – from scouting the right properties and overseeing renovations to marketing and selling.
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16 February 2024 | 4 replies
I am currently trying to understand how people with 40 hour/week jobs efficiently go from building a list to getting a motivated seller on the phone to an appointment and signing a contract I currently have more money than time and I would like to outsource all steps of wholesaling besides the sales portion.
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16 February 2024 | 1 reply
My understanding about this product is that it is intended for acquiring and renovating, and then I would refinance into a more conventional loan to finance long term as I do hold properties.
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16 February 2024 | 9 replies
Quote from @Michael Smythe: Section 8 comes with it's own unique problems which many newbies don't take the time to understand.^^^ I would do a lot more research into S8 before jumping in.
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16 February 2024 | 9 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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15 February 2024 | 10 replies
So those odds are pretty good haha.
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17 February 2024 | 19 replies
And then you'll start receiving off market deals in your inbox.Please understand I am telling you one method of how to find off market properties.
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18 February 2024 | 54 replies
I personally understand...Just wanted to see where all the people are that are saying they can BRRR a property with $0 invested & still cash flow.