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9 January 2025 | 1 reply
I thankful for finding this app through a book I have been reading.But I would like to inquire in regard to introducing myself both to sellers and cash buyers.
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7 January 2025 | 0 replies
Private loan that I paid when the sale was finalized.
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8 January 2025 | 9 replies
It only takes a few minutes to comply, and this way, you don’t have to worry about any decision they finalize on later.
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10 January 2025 | 6 replies
2x House Hacker here in Los Angeles and a case study in the BP book, The House Hacking Strategy.1.
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12 January 2025 | 6 replies
Be patient, as these types of deals often take longer to finalize due to organizational processes.If you’re unsure about specific aspects, consider consulting with a local real estate attorney to ensure everything is handled legally and ethically.
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7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.
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5 January 2025 | 8 replies
Brandon Turner's two books: The Book on Rental Property Investing and The Book on Managing Rental Properties.
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23 February 2025 | 80 replies
So the premise "prices are dropping rather substantially in Washington D.C. related to layoffs." lacks merit in my 'blink' (think the book 'blink' - I am old) moment.
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6 January 2025 | 9 replies
Tonight I'm going to look over my statements versus our interactions and finally make the call.
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5 January 2025 | 1 reply
I've spent the last 3 years nagging the city to sell me a lot next to my property so I can install a driveway and they've finally agreed.