9 January 2018 | 1 reply
The South Shore and South Coast have some reasonably priced areas for both SFRs and MFRs.Target towns include Plymouth, Kingston, Pembroke, Brockton, Middleboro, Taunton, Fall River and New Bedford.In these areas, 1% rule is common and in Fall River and New Bedford, I've seen 2% properties.Call me if you want to chat.
14 November 2018 | 11 replies
I've been running the numbers on multiple locations and i have yet to find a property that can produce and fall within the 2% rule.
18 January 2018 | 16 replies
I'm a newbie as well that will be living in the Spokane area full-time this fall.
10 March 2018 | 3 replies
Record the Order... if necessary.Around here we would pull that civil suit docket, see that Order and know we could ignore the lien as long as the time for appeal had passed.
19 March 2018 | 8 replies
I'm not opposed to looking outside of the state of Washington.I'm looking forward to learning all that I can about real estate investing, and sharing my knowledge with others.Karen Fall
31 March 2018 | 21 replies
If you remember, I’d like to hear how this falls out.
10 April 2018 | 14 replies
I would get together with your agent to get as much information as possible. generally the contracts are fairly buyer friendly so that you can back out due to inability to get financing (just dont get financing if you want to back out), upon inspection, etc.generally sellers are worried that deals will fall through and tend to want to release more information earlier so that should something get into contract, the deal will go through. if the deal falls apart, they are stuck with yet more monthly payments while the deal is in contract then have to put it back on the market which will take time to court ankther buyer.this leads me to believe that they are suspect or are worried and/or trying to hide information. they could be just poor negotiators thinking they want to take you for everything.id say: a) be totally comfortable walking away from the deal even if you have already put some $ down for inspection and what not bc it’s better to lose a little money than to get stuck win a big mistake long-term to lose even more moneyb) see if the other side would be down to just sit and lay out some next steps so everyone is on the same page. can use this meeting to listen and just use some empathy to figure out what’s going on on their side, why they’re playing the deal this way. it could be that they don’t trust you yet so they are guarding themselves
9 April 2018 | 3 replies
My plan is to graduate high school then move to the twin cities area in the fall of 2018.
12 April 2018 | 9 replies
( Charleston Market specific)Now I have two big Oregon projects on the books my bankers think like @Chris Seveney we are and they are fine financing for the next 2 build years.. then who knows but we still have not recovered from the last recession we still have a shortage of about 20 thousand new builds that can be absorbed.. so no slow down and you see the market report indicates that and the 3 big Amazon sites that are bringing about 6k workers don't go into service until late fall.. and the 23 homes I am building is 2 miles from there I did not sell one to anyone from Amazon.. sold one on sunday so some one moving in from Vegas.. so still 100 people a day move into the Portland metro and about 50 a day into Charleston those are my two main new build markets.all of my turn key markets are also having record years the appetite for cash flow rentals has never been higher and with financing finally loosened up to where its not like pulling teeth to get a loan its just roared back with no end in site.. at least for my guys and gals.And of course our note business is just steaming ahead at record pace as well as investors at the mom and pop level have learned what turnkey note investing is all about.
5 January 2023 | 17 replies
-duplex 228k purchase price rented at 950/side. 3b 1.5bath a side. Market rents 1250-1350. Leases set to expire feb 2023.
-seller renews one lease while under contract a full year at 950
-First year cashflow goes f...