Jonathan Rusiecki
Embarking on a Real Estate Adventure – Seeking Your Guidance!
31 January 2024 | 4 replies
Where to start:Just a couple of considerations:Residential...you could possible get a check on a lease in a week or so from the day you start, probably not common, but potential.
Thomas Yourkiewicz
Toledo Ohio. Why is Toledo an investor friendly area?
31 January 2024 | 33 replies
question for you guys. how is the rental demands in the 43623 areas. ive came accross few potential properties. but not sure how rental demand is. ive checked zillow and seem to see the same properties "for rent" posted for over a month. is there is little demand in this zipcode even though its in a better area?
Oliver Marson
Guidance of Wholesaling Endeavors
30 January 2024 | 4 replies
The concept of wholesaling has captivated my interest, and I am eager to delve into its potential advantages.With profound respect for your expertise, I am curious about your experiences with wholesaling, if any.
Nikash Rajeshbabu
Young Investors seeking advice on investing in the Columbus Ohio market
31 January 2024 | 11 replies
If you're looking for an emerging market with long-term appreciation potential, Columbus is a good market to research.
James Russo
Financing a fix and flip
31 January 2024 | 9 replies
Once the property is renovated you can work on permanent financing, and you potentially have a property with minimal amount out of pocket.
Jay Anand
First time SFH investor
30 January 2024 | 2 replies
With rental comps at $3300 and a potential mortgage surpassing that, you could end up putting money into the property monthly, so be ready for that and consider possible vacancy periods.
Brett Merrill
Business and Building BRRRR deal for 0% down
30 January 2024 | 2 replies
Recognizing the untapped potential beneath the surface, I set out to forge relationships with both the sellers and the dynamic managerial duo.The key to this success story was my ability to be a problem solver.
Tajinder S.
Short Term Rental opportunities in Kissimmee, FL
1 February 2024 | 17 replies
There are potential opportunities but it is few and far between and you can find better returns in other markets.
Tony Pellettieri
Possible Solution to a Friends HML in default - Deal Analysis
31 January 2024 | 2 replies
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcROI: 45.3%RoR: 68.9% PM: 30.07% Acquisition/Exit: 8 MonthsI've spoken to a few HM Lenders and ran rough numbers by them.
Karim Elahi
How’s your experience been investing in Cobbs creek & kingsessing,PA?
30 January 2024 | 0 replies
Hello I’m looking at potential deals in cobbs creek and kingsessing,PA for long term holds.