10 June 2024 | 8 replies
But then you also need to make money as well so subtract your fee of 10k so your offer to the seller will be 141k and you will sell to an end buyer for 151k!
9 June 2024 | 8 replies
The property cash flowed well and covered our expenses in 2021 and 2022 with short-term rentals and about 80-85% business use, but it did not rent as well in 2023 (oversaturated rental market, change in travel restrictions, weather etc...) and dropped to about 65% business use and a negative cash flow of about $15K.
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9 June 2024 | 9 replies
I'm underway with my first BRRRR and it's going well.
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10 June 2024 | 10 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
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9 June 2024 | 9 replies
If there's not much else "wrong" with the property (or if it's relatively new), you might choose to go ahead and pay a plumber to get it over with.Definitely use polybutylene pipes as a "negative" when negotiating the purchase price.With inflation, tradespeople retiring, and the growing population moving to the area, it might well be less expensive to have them switched out sooner rather than later.
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9 June 2024 | 35 replies
Every top producing agent has a TC in our market here and the Brokerages offer them as an add on for a fee as well.
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9 June 2024 | 3 replies
Hi Mohamed,I am an immigrant as well and am an investor in Baltimore, and has many connections, send me a dm, let me see if I can find the right person for you.
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9 June 2024 | 35 replies
Experience is king I'm well aware but...
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9 June 2024 | 40 replies
Then I begin to think multifamily homes and I am unsure of how well they sell either.
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9 June 2024 | 6 replies
What about a well and solar system?