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9 September 2018 | 8 replies
@Kai Van LeuvenIt’s sounds like you’ve gotten all the low hanging fruit, another couple things that come to mind Is reducing boring expenses that people typically dont shop or spend alot of time addressing;-taxes ( I don’t know how tuned in the city is to your remodel but you want to spend a little effort ensuring you don’t get hit with a property tax increase )- I’m not sure the type of tenants your looking to attract but a playground might go a long ways to adding value-Insurance ( anything you cad do to reduce your insurance?
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22 September 2018 | 12 replies
Real Estate prices typically follow 1 -2 years behind oil and gas activity, so hopefully we'll see prices climbing again in a year or two.Our plan is to pick up as many cashflowing properties as we can while the market is down and soft, then re-fi when it improves and recycle the capital into more projects or possibly down into the states on larger deals.
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10 September 2018 | 12 replies
Find out what houses are typically sell for and rent for.
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16 September 2018 | 27 replies
Auctions in our area typically state "cash only" but we bid and tell them after the fact that we are using a private money loan, they don't seem to care where the money is coming from as long as they get it.
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27 December 2021 | 33 replies
The reporting feature (found within the Transaction Page) allows you to select custom date ranges, property portfolios/groups, or you can single out a specific property.
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9 September 2018 | 5 replies
Our 2nd TD is typically at 15 % interest.The 3rd TD is net profit split after all expenses.What we do, to recuperate our initial investment, is sell our 2nd TD note at 15%... while keeping the 3rd TD S.A.M.
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13 September 2018 | 7 replies
That is one of the ways I could go if I invested somewhere that had too much travel expenses where I would not incur many travel expenses that I would have to have otherwise.That way a Turnkey company or friend that lived there would typically have finance and contractor connections that are local.
10 September 2018 | 13 replies
Traditional banks and credit unions typically require a lot more documentation that a hard money lender does not.
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9 September 2018 | 0 replies
My primary residence has a unique feature in that it has come with a 20x40ft double-wide manufactured home in the backyard.Previous owner was using it as a shop but it has wood panel walls and beat to hell 50 year old carpet.
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19 December 2019 | 12 replies
You can always just throw it on airbnb, but you risk $5,000 per night fines.....not to mention the costs to furnish, manage and operate the unit.In my opinion, airbnb from an ownership standpoint isn't much better than just a good old normal long term rental, unless there are unique/niche like features that allow your building to stand apart from all of the other (and we're talking thousands) airbnb units on the market.