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7 September 2020 | 5 replies
This is your "opportunity cost" to get into the market.2 - Exit #1: Sold Comps.
1 July 2018 | 11 replies
I would not do this deal for the following reasons:-Austin has had a tremendous run and while I do not see a huge downturn, I do not see how the run can continue at this level-Huge number of rental units coming on line that will bring down occupancy levels and rents will follow-Your $160 per month HOA fee WILL jump once the complex is sold out.
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1 July 2018 | 3 replies
And I need at least one more successful house “flip”, if you will, to allow me to purchase a cheap $15,000 apartment somewhere in foreclosure so that I can use that as my legal homebase and therefore qualify for Hardmoney or private money loans to do what I want to do.
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11 January 2022 | 1 reply
I started getting obsessed with bigger pockets last year and I sold my condo in Florida to start investing. since then I bought a mobile home park (thank you @brandonturner) for 100k put few thousands Into it and now it brings $4000 monthly.
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3 July 2018 | 2 replies
Probably sold around 200 investor type houses.
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1 July 2018 | 2 replies
A realtor friend told me that he has sold 2 similar homes in the neighborhood for over their asking price (~100k), in under 24hrs.
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1 July 2018 | 0 replies
A realtor friend told me that he has sold 2 similar homes in the neighborhood for over their asking price (~100k), in under 24hrs.
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1 July 2018 | 3 replies
Legalities aside.. as you know is it legal or not legal to assign contracts in FLA is hotly debated.but I was just at a RE conference it was a private invitation only mastermind thing.and there were some of the top wholesalers in the country there.. some that are even on this site.one thing that was evident to me though to be successful at this.requires1.
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1 July 2018 | 0 replies
Curious to know if there are any good loan options )other than hard or private) that self employed people can use with little to no taxable income.
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1 July 2018 | 0 replies
Curious to know if there are any good loan options (other than hard or private) that self employed people can use with little to no taxable income.