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29 June 2024 | 3 replies
Then look up each company and vet them further based on reviews, time to call me back, etc.
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1 July 2024 | 12 replies
A local Storage company bought it.
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28 June 2024 | 13 replies
The only difference when you run your numbers is that your cash-on-cash return and your cap rate are the same since there is no leverage.
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1 July 2024 | 18 replies
I'm closing on a duplex next week.I crunched the numbers lots of different ways and it will cash flow when fully occupied but only a couple hundred a month.There are other locations in my market for sale that are way over priced.As a general rule of thumb I try to keep my units around $50K each for a single bedroom and $75K each for a two or three bedroom unit.
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28 June 2024 | 4 replies
Start with learning how to run comps, how to estimate repairs, how to find deals, how to negotiate with sellers, reading and understanding a purchase agreement, finding an investor friendly title company, having an attorney create an assignment agreement for you, contacting investors to put on your buyers list etc.
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29 June 2024 | 7 replies
Gues this is legal if they are sending monthly statements that an owner (or their tax professional) can piece together.Regarding mistakes, not aware of any company in the world that is perfect and doesn't make mistakes.
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1 July 2024 | 25 replies
check out voss never split the difference u need it lol
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28 June 2024 | 7 replies
DSCR loans are a little different in that they are business purpose loans, regardless the mortgage does not effect deed, title or ownership of the property.
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29 June 2024 | 7 replies
Talking about a person or company who will bring in cash for down payments and floating capital between renovation draws.
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30 June 2024 | 7 replies
It's great for filling in the blanks between different sources of knowledge, but terrible as a full source of knowledge.