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24 June 2023 | 15 replies
But if you can find a way to value add, like finding a fixer you can BRRRR or something you can add bedrooms or bathrooms to, or even add another unit to (like converting a garage or splitting a larger home), then some of the properties that don't make sense based on what they are right now can start looking a lot more attractive if you have a good plan to get to a higher ARV or boost the rental potential.
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10 June 2023 | 15 replies
Once they get below 650, the risk of problems increases dramatically.
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6 June 2023 | 5 replies
Or just a confidence boost.
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7 June 2023 | 7 replies
Not to say real estate is quite as dramatic as consumer goods, but you see the flips that sit on the market because they are over improved and asking too much, or the design doesn't cater to the typical buyer in that neighborhood, or the flipper only handled aesthetics and didn't address major structural/mechanical needs because they didn't know those issues would kill the deal on inspection.You also have to realize that all these "strategies" have been around forever.
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8 June 2023 | 27 replies
., or other things you can do that can boost your DTI.Best of luck!
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15 June 2023 | 26 replies
If so can I leverage trade lines to boost my credit score and credit history immediately?
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28 June 2023 | 18 replies
Many of our clients are also transitioning to a rent-by-the-room model, which can increase cash flow dramatically.
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29 June 2023 | 2 replies
If not, I'd like to see if he has any other property he'd be open to doing the same with, or at the bare minimum talk to me about real estate and possibly get me that jump start/boost I'm seeking.
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21 May 2022 | 24 replies
I understand the goal is to work to continually increase your cashflow by acquiring more properties over time, and that annual rent increases will give you a natural boost, but I imagine you want some cushion built in to your spending habits for inevitable bad times economically?
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7 March 2022 | 9 replies
The whole next-day delivery, work from home, instant gratification syndrome has dramatically changed the standard for this asset type.