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3 June 2024 | 2 replies
We were interested in the Mount Zion Blvd deal in Ellenwood, GA, due to several key factors: Profit Potential: The property offered a clear profit margin, with a purchase price of $165,000 and a sale price of $234,900.
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4 June 2024 | 9 replies
Example, room addition with bathroom, licensed job; just painting, no need for a license (or just flooring, no license).
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4 June 2024 | 5 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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5 June 2024 | 8 replies
Other platforms that do the same are include RentRedi, Stessa, Avail, Innago, Apartments.com (formerly Cozy), and TenantCloud.If you want to go a more traditional sense and work with a more mature platform that doesn't bill your tenants you might look into Rentec Direct, Buildium, Appfolio, Propertyware, or Rent Manager.The best way for you to figure out which is going to work best for you is to explore their free trial (if offered).
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5 June 2024 | 1 reply
I have a separate, steady full-time job that would allow me to take on the negative cash flow every month.Note: The home is already 100% furnished, so there is no need to buy furniture.Appreciation and Loan Pay-Down:I would offer $550k as the purchase price.
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3 June 2024 | 7 replies
In addition to what @William Simpson posted I would add the following platforms: - Roomies.com - Spareroom.com- Roomster.com Beware, as some of these are not free, but they can greatly complement the free ones already mentioned.
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3 June 2024 | 62 replies
And I was interested in wholesaling some as well, but I just dont think that what I would be giving up by 50/50 splitting wholesale deals that basically I go find and setup, etc. in addition to the significant cost to join PD was a good enough value/ROI compared to some of the other options and programs that are out there.
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5 June 2024 | 4 replies
If you want to BRRR there are lenders who will offer you a hard money loan that converts to DSCR once your renovation is complete (and it will save you some money in origination fees staying with same lender).
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4 June 2024 | 3 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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4 June 2024 | 0 replies
Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers swiftly.