Ricky Gonzalez
Hard money lenders for newbies!
1 August 2024 | 12 replies
You will certainly run into challenges that you did not anticipate and it is great to have a responsive and helpful lender partner.Naturally you will want to find a product with competitive pricing and leverage, though keep in mind first time investors do not always qualify for the lowest pricing.
William Johnny
When should you start looking to hire an accountant/real estate attorney?
30 July 2024 | 6 replies
When is the best time to start incorporating these professionals during the journey?
Travis Wiggins
Basic Interior Rehab Estimate, Oregon
1 August 2024 | 4 replies
i have some trades i've worked with a few times and if i ask them for a rough estimate they'll provide it.
Joseph Fenner
What software should I be taking advantage of when investing in real estate
31 July 2024 | 10 replies
Ok I will check those websites out, Thank you.There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
Ryan Kramer
Medium Term Rental Guidance
1 August 2024 | 9 replies
I would spend time looking at comps on Furnished Finder and Airbnb, see which properties are current vacant vs properties that have availability in the future.
Tyler Gilbert
Analysis of loan types for MF properties
28 July 2024 | 14 replies
However, I have not heard of how the loan rates compare to the more frequented options.Context: First-time young homebuyer.
Wogderess H.
accredited investor registration?
31 July 2024 | 4 replies
When it comes time to actually invest, you will typically be required to show some sort of verification - either a signed financial statement if you meet the requirement on net worth, or income tax returns if you meet the requirement on income.
Jamal Tyree
Any Experience with Renters Warehouse
30 July 2024 | 12 replies
Lesson learned pay others to do the time consuming labor.
David Delmar
Midland-Odessa, STR market
27 July 2024 | 1 reply
What is the highest demand part of the city?
John Park
1st Time Home Buyer - Condo Buying Advice
24 July 2024 | 4 replies
Hello All, 1st time home buyer here - looking mainly in Fairfax/Arlington counties, with loudon being a last resort.