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15 November 2017 | 2 replies
Usually you pre-pay for the vacant policy for a year, then when you either sell or rent it out, cancel that policy (and get some pro-rated money back) and start a new (lower-priced) policy.I'm not familiar with insurance agents in your area, but I'm sure other investors in the area will reach out.
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19 November 2017 | 13 replies
While his end would be to oversee the rehab of the project, make sure we stay on budget, finish within time frame allotted,and help to mitigate cost with his expertise.
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18 November 2017 | 5 replies
Depending on what your market cap rate is , lets say 8.5% ( some parks trade at this today, some higher , some lower) gives the park a market value of $1,867,764.
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16 November 2017 | 4 replies
End of the day though, it only takes 1 person out of the 4000 you mail to actually open it and the profit you make from that more than makes up for that batch of mailing.Since you're smart and running a long campaign, even if one batch gets a lower response rate you're still cultivating the seeds you planted many batches ago.
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6 December 2017 | 20 replies
You can do so with relative safety if you invest intelligently.It may seem like demanding criteria, but I will not get into a deal to lose moneyHigh cash returns do not necessarily mean you won't lose money or will have a lower risk.
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21 November 2017 | 4 replies
If your comps are lower in price, expect appraisal problems.
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15 November 2017 | 0 replies
They listed every property for 40-45k lower than the zestimate making it to be instant equity even if one doesn't get a lower price than the asking price.9 - SFH and then Multi?
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16 November 2017 | 5 replies
Lease Options can be tricky in some States (Texas for example), so make sure you're aware of any issue's before getting into the contractual stage.Whats your timeframe to put the deal together?
17 November 2017 | 5 replies
To offer my own opinion, I'm set on saying a house hack it too risky and leaves you living in a lower quality home compared to the size of your loan.
27 November 2017 | 15 replies
Lower your numbers and decrease your risk.This might be to low for a bank to invest so maybe look for a property around $100,000 kicking off $1300 in cash and you will be happy too.