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29 June 2021 | 2 replies
Due to the no cash and 2 year term, I could offer seller a higher price than I otherwise could have, then I was able to reduce my basis via Airbnb'ing the property for 18 months, and then sold for $25,000 more than I bought for due to better than expected market appreciation.
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13 December 2022 | 44 replies
The unit has been approved for the Section 8 program via an application and inspection verifying it meets health and safety standard.
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28 June 2021 | 2 replies
You want to see full leases and verified payments via their collection app or bank account to verify the cash flow of the property.
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24 May 2021 | 13 replies
It's a math game, using the properties to secure more properties unlocks expanded equitable gains but also creates more security of performance via volume scaling for items such as maintenance and vacancy rate because now if/when there is any of those costs is averaged out among 50+ properties vs 5, making for a much MUCH smaller % hit, there in best retaining cash-flow security.
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21 May 2021 | 13 replies
IMO the ONLY way you will find a deal is via direct marketing.
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24 May 2021 | 9 replies
Though I have gone through the buying process a few times now and am familiar with those steps, it was done via the standard realtor + MLS route.
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25 May 2021 | 6 replies
However...I don't DM here, so please email or reach me directly via social media.
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10 June 2021 | 3 replies
I have learned to do some drywall patching and skim coating myself via YouTube tutorials.
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4 May 2022 | 27 replies
You can reach me via my contact info in my BP here.
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21 May 2021 | 1 reply
Question for some of you more knowledgeable bigger pockets members.. my mother purchased a commercial piece of real estate via seller financing 10 years ago.