10 September 2018 | 34 replies
I found a company that has construction, management and brokerage under 1 roof and operates in Indy, Charlotte and Kansas City..These markets have population >1 Million with consistent growth; Good jobs and low unemployment, inexpensive houses in working class neighborhoods that create returns of at least the 1% rule and are cities with excellent credit ratings allowing them to invest back into the city.My first purchases 5 years ago included visiting the company and interviewing the employees for the systems they use, inspecting the houses and then reviewing the monthly reports once the purchases were made.
26 July 2018 | 1 reply
Absolutely you can be a private lender.
17 August 2018 | 30 replies
Absolutely, that's only 5.5 units a month.
26 July 2018 | 2 replies
Now, if I'm doing my math right, even taking the high-end estimate of the rehab costs and the low-end ARV estimate, you've still got about $105k of potential profit/equity in the deal.
30 July 2018 | 10 replies
The rent seems low for a 4bedroom unit.
8 August 2018 | 63 replies
The absolute last thing I would do is pay off my house.
15 August 2018 | 11 replies
@David Reed Adams -I absolutely love your enthusiasm!
7 September 2018 | 13 replies
@Seth Deitchman Those are great goals: Through Tax deed auctions you can certainly attain a profitable portfolio of flips/rentals if your Purchase Price is low enough to account for the rehab usually associated with Tax Deeds (as well as the other factors of course: neighborhood, market, etc).
27 July 2018 | 9 replies
But, no matter how low I put the purchase price of the house in this report I still end up upside down with expenses.
28 July 2018 | 8 replies
Then ask them if there is a particular day or time that absolutely does not work for showings, and by showing that you are willing to work with them, most tenants will be compliant for showings on the other days/times.This is definitely a case for open communication, you are both on the same side and want the showings to end, but what you want to make clear is that they can have a hand in that by making their home as attractive as possible, and opening up showing times so that people will want to see it and sign a lease.Good luck!