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24 August 2018 | 16 replies
If your area is sketchy, maybe think of adding a home depot decorative metal security door to both front & back for single moms.
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14 October 2018 | 20 replies
The house has new double-pane windows, few roof, new furnish, new electrical box with a 175 AMP, and it even came with an EV charger in the garage.
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29 August 2018 | 19 replies
just keep knocking on doors and making phone calls, I finally got a good deal to sink my hooks in to and have your same issue, in the middle of a refi-cash out to buy this other property and the bank is throwing a wrench on the deal by asking me to pay off a car note to make the 51%DTI ratio. this bums me out but will keep pushing on until I get financing secured to nab this other property, maybe hard money to buy/fix and rent ( I am trying to avoid doing this), or maybe 203K loan, there are too many options, you need to exhaust all possibilities until you get one that fits. good luck brother.
27 August 2018 | 3 replies
It's very outdated; there's a garage conversion for half of a 2-car garage that was poorly executed; kitchen/bathrooms need new countertops, tubs, appliances; flooring basically throughoutRents: 1300-1500 (trying to get to the higher end with my rehab==1450)Monthly Expenses: 756PM: 182Taxes: 210Vacancy: 112Repairs/Maint: 70CapEx: 70Insurance: 112Max Mortgage Payment: I used all these costs, with my hope to cash flow at least $100/month to back into what I should offer for the property (not considering CCR yet), with a 20% down payment.
23 August 2018 | 3 replies
I guess they'll not likely sell it for significantly less than they've listed it for, but if I plan on getting 1600/month/side, I feel like I could cash flow $100/door at a PP of around $305kAny thoughts around this would be hugely helpful!
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24 August 2018 | 4 replies
I have set a goal to reach 100 doors in less than five years.
23 August 2018 | 8 replies
Whether you need more bedrooms or more square footage or a garage, or you want a shorter commute.
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2 September 2018 | 7 replies
@Jeffrey Almonte So I can bang on their doors if they mess up.
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29 August 2018 | 8 replies
Closed on first 18 months ago, at 10 doors now, looking for more now and submitting offers frequently.2.
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18 March 2020 | 23 replies
I am currently investing in Bakersfield (sfh) but currently live in Los angles where I have my primary home and renting out a garage conversion.