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23 January 2025 | 30 replies
I don't know what I have to gain about doing otherwise.If ANYONE would like to chat further, please DM and I'll send you my cell phone number so we can chat directly.
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23 January 2025 | 24 replies
During those 10 days, if they find issues they want repaired, compensated for, its negotiated.
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4 January 2025 | 12 replies
Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.
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13 January 2025 | 5 replies
The key is ensuring the after-repair value (ARV) supports refinancing to pay off the initial funding without overextending.Fix-and-flip - This requires sharp numbers and market knowledge.
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12 January 2025 | 2 replies
In real estate its messy and there are always repairs and capX projects that seemingly pop up from time to time.
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8 January 2025 | 29 replies
I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behind her and has made it seem as if real estate investing is a much simpler process.
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11 January 2025 | 14 replies
I’d revisit the pricing, happy to go over it on a phone call if you would prefer.
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15 January 2025 | 29 replies
The buyer got an affordable home in exchange for doing the repairs himself (sweat equity), I got a cashflowing note, and my private lender got a steady interest payment.
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12 January 2025 | 8 replies
Assume a couple of months of vacancy, consider potential unexpected repairs (like HVAC or plumbing issues), and test the numbers with rents dropping by 10-15%.
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7 January 2025 | 16 replies
But what you will find is that most repairs are pretty easy - and if we don't want to mess with it we will call someone ourselves... but someone we know is going to shoot us a fair deal.