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17 July 2024 | 9 replies
One person took a new cooling pillow and replaced it with their crappy old pillow.
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15 July 2024 | 10 replies
Are you not making money?
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18 July 2024 | 11 replies
I am 23 and have saved up enough money to start my RE journey.
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18 July 2024 | 10 replies
The money is paid with receipts on the day of the tax sale.
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15 July 2024 | 12 replies
Personally when I rented I never wanted my landlord bugging me but they don't care if my husband ("the handyman") is there all the time.
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16 July 2024 | 3 replies
Are there are any real estate agents you would recommend from personal experience or from follow investors that focus in Michigan City, Indiana?
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16 July 2024 | 16 replies
It would really suck to lose money and also have to pay taxes.
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17 July 2024 | 1 reply
That's why it's not selling.In most markets, your Maximum Allowable Offer (MAO) to a seller should be no more than: MAO = (70% * ARV) - Repairs - Wholesale_Fee MAO = (0.7 * 290K) - 40K - Wholesale_Fee MAO = 203K - 40K - Wholesale_Fee MAO = 163K - Wholesale_Fee - OR - MAO + Wholesale_Fee = 163KSo, you'd need to get this under contract with the seller at under $163K to make any money at all as a wholesaler.At $200K you're NEVER going to get any interest from experienced rehabbers.This is also why you probably got no resistance or pushback from the seller.
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16 July 2024 | 7 replies
But, just be sure to keep your personal investment goals in mind...because ultimately a lender does not get paid unless they, essentially, help you acquire a loan.Honestly...personally, depending on exactly where my investors are in their investment journeys...I typically recommend exploring the financing route.
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15 July 2024 | 3 replies
Person purchased a neglected facility using hard money.