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15 December 2022 | 10 replies
Alot of people are ok with making about 30k in that price range so its tight.I suggest running numbers with someone experienced and keep shopping lenders and contractors.
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5 December 2022 | 9 replies
We should connect and talk shop!
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4 December 2022 | 2 replies
Or there are bank statement programs with ONLY ONE bank account for the past 23 months again you need reserves.There are three remaining wholesale shops.
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8 November 2022 | 18 replies
Even if you aren't the one doing the work it's still going to be harder to shop around for contractors, manage the jobs, etc.
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4 November 2022 | 6 replies
I believe the Short Term Shop works in that area. :)
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19 November 2022 | 19 replies
I didn't contact any agents until I was confident in my numbers and market research aka driving around, bicycling around, and window shopping :-)
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28 November 2022 | 11 replies
Only 4% of Americans own 2 homes.
20 December 2022 | 29 replies
@Matthew Banks if you want to be a successful real estate investor, self-managing your own properties (for a while) will give you invaluable experience--and without that experience, it will be very difficult to become a successful real estate investor (with or without PMs).Think of it this way: trying to manage a PM (or team of PMs) without any property management experience is a bit like trying to manage a car repair shop with zero experience fixing cars, or trying to coach a team to an NBA championship with no basketball experience, or trying to manage a law firm with no legal experience.
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23 December 2022 | 2 replies
Purchase price: $1,625,000 Cash invested: $358,000 -17 Unit Mixed Used Multifamily Asset-15 Rental Apartments ranging from studios to 2 bedroom flats-2 Commercial Storefront both on mid term leases to 2026 (Flower shop & American Indian Cafe)Value add opportunity by raising rents over time with slight renovations.
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28 December 2022 | 4 replies
First, I hope everyone had a safe time with friends and family, especially with this massive winter storm ripping through the U.S.I'm a multifamily buy-and-hold investor and up until now I've basically filled all the roles in my business myself--from SEO/marketing, meeting with sellers, GCing and DIYing my own projects (mostly cosmetic rehabs), to shopping insurance, etc.