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21 July 2024 | 35 replies
Pros: - Low upfront cost- Very high profitability (we average 23k per deal of profit) and the ROI is AMAZING- Sustainability - so many land owners out there don't want their landCons- Can take 4-6 months or so to see results- Marketing is expensive, we send mail to acquire properties.
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23 July 2024 | 6 replies
The main key to our success is proximity to several very large housing developments.
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23 July 2024 | 10 replies
@Doug Smith I like all the cash buyers, who are cash buyers as long as the property can be bought Sub2 or with 100% owner financing.
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20 July 2024 | 22 replies
Now you have some higher returns.There's other decisions to consider to - owner financing for example.
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22 July 2024 | 2 replies
There are debtor rights attorneys out there, but they typically deal in the owner occupied space, if these are in LLC's then there are still attorneys but they are probably not going to get very far in any type of settlement because there are probably personal guarantees in place or the lender will just take the property.
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23 July 2024 | 8 replies
All houses were set to boom, but I'll need to check the records.
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22 July 2024 | 1 reply
No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.
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23 July 2024 | 2 replies
I started with an Airbnb, added several more, I am completing my second BRRRR and have successfully flipped 2 houses this year in Austin, TX where I live.
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21 July 2024 | 11 replies
I am not sure how the owner occupancy requirement of the JADU impacts value, but is will impact value as there are many RE investors who do not want to owner occupy.You should be able to determine the value by calculating NOI and knowing the market cap rate.