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1 April 2020 | 5 replies
Due to our ability to find a partial "fixer upper," Josie and John were able to buy into over 10% in equity right off the bat, increasing their net worth just by acquiring the property in the first place.
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6 January 2021 | 14 replies
A buyer I know was acquiring it for $30,000 a room.
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31 March 2020 | 2 replies
Hello World, I am trying to find out if there has been anyone to have ever done an owner financing to acquire the property for a rental property?
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2 April 2020 | 11 replies
If in were you, I’d either acquire the knowledge or get it from people you trust they know what they’re saying and doing.To conclude, if it was me and I didn’t have the knowledge, I would ask me the following two questions.
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31 March 2020 | 0 replies
Full scope rehab included new kitchen, 2 new bathrooms, new flooring throughout, all new windows, new exterior paint, and significant mold remediation as well as several serious deferred maintenance items.
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12 April 2020 | 9 replies
Finished attic, unfinished basement, hardwood floors and steam heat... the images of all the rooms seam to be in good condition, nothing paint couldn't remedy.
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31 March 2020 | 2 replies
hey all, I started a purchase back before c.v. on a multifam and got a preliminary approval for financing, but now i am looking at 30-40% lower income for the next several months at least and at this point am just not wanting to acquire more units (4) especially with 2 of them empty.
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1 April 2020 | 4 replies
I understand (and please tell me if I’m misinformed on any of these assumptions)I understand that an S-Corp might be the best legal structure if your business is rehabbing/flipping, wholesaling, or anything where you are activity acquiring a property and then selling it at a profit.
17 April 2020 | 9 replies
I’ve acquired a number of hotels with my pere job and like to use the hotel model from tsmfinancialmodels.com.
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19 April 2020 | 6 replies
Good morning,I recently acquired a property with pre existing tenants with leases that are on a month to month basis.