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22 July 2022 | 1 reply
It'll get to market rent eventually, was more interested in a good relationship and no turn over)Submitted my rent increase and paperwork to section 8 (not real hard) Rent Increase was approvedNormally I would do a nice rehab..but it already had a paying tenant and was in "good enough" condition.My hopes were that it would appraise $100k+ and worst worst case a little higher than purchase price ,which, even then my ROI would be very high.Fast Forward 6 months...Appraisal comes in at $102kThrough the cash out refinance and 6 months of cash flow this was an infinite ROI deal as it put every penny back in my pocket (plus more) through a more unorthodox "sweat equity" method of buying a low demand, poorly marketing property with barriers to entry..
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13 October 2022 | 9 replies
I am sticking to the enemy method.
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22 January 2015 | 10 replies
It will also help you when getting contractor bids since they will then all be bidding on the same repair method.
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25 January 2015 | 6 replies
Are there any others out there that are purchasing these in more of a "systematic" method like this, or have in house staff to help with purchasing and rehab?
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2 February 2015 | 2 replies
It's the most efficient methods for finding motivated sellers.
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3 March 2015 | 26 replies
PS love your blog and ebook is awsome nice to see someone using different methods to acquiring BIG properties.
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25 March 2015 | 16 replies
As @Race Ostler said, Utah county is booming, and the buy and hold method will surely bring in some appreciation.
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18 February 2015 | 2 replies
What are some effective methods to familiarize oneself with the market of an area?
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7 October 2015 | 8 replies
Education, lead generation methods or funding opportunities?
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20 February 2015 | 3 replies
The info on the web, and youtube.....which are American, paint a much brighter picture for these methods of transaction.