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21 December 2024 | 11 replies
By working with motivated sellers, I’m able to secure below-market deals and pass those savings onto buyers.
23 December 2024 | 9 replies
With the income issue, there are screening systems available that verify income by having applicants securely log in to their payroll provider, which then shares their gross and net income with you.
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21 December 2024 | 11 replies
You'll definitely get the long term appreciation in the San Diego market since our supply levels remain low which helps to insulate our market here, but it will be hard to cash flow on immediately unless you use one of the above strategies I mentioned.
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21 December 2024 | 1 reply
Strategic negotiations secured the property at $170,000, positioning us for a quick and lucrative resale in a thriving market.
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27 December 2024 | 18 replies
It is a very secure investment, and it is almost impossible to lose money on this deal.
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27 December 2024 | 34 replies
Income tax refund (forced savings account where govt keeps your interest) gives them the cash they need for first month's rent + security deposit.10) Realities of S8: most tenants no longer have 100% of rent paid by the program.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com
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25 December 2024 | 11 replies
Finally, be open to slightly remote locations with better cash flow potential over high-appreciation markets.If you’d like help analyzing properties or securing financing, let me know I’d be happy to assist.Best,Drago
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29 January 2025 | 107 replies
Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏
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19 December 2024 | 55 replies
Who at your firm is licensed to sell securities?
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17 December 2024 | 5 replies
When they hear Wholesaler they think in the wholesalers who supply retail stores with Products.