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30 July 2019 | 1 reply
Suppose I can buy a deal for all in 70k where the place is in great condition, and doesn't need any significant repairs (say all it needs is a paint job), suppose im fairly confident that the place will has good comps for 100k.
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3 August 2019 | 1 reply
Wished I know the market better and have more confidence to buy more.
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21 May 2019 | 7 replies
I am just starting out and want to start analyzing as many properties as possible just so I can get familiar with the numbers in order to confidently jump on an opportunity when one comes up.
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2 April 2019 | 14 replies
I still need to make those repairs but you've given me confidence to go through with my initial plan.
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17 April 2019 | 14 replies
We are extremely confident in the Airbnb model as it has worked for us in our current home for the past year (we own a 2-family home and list the 2nd apartment as a short-term rental).My wife and I both attended a Fortune Builders workshop last year and where inclined to invest in their Jumpstart program simply for the access to the contracts, forms, legal procedures and their back-end-office system.
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30 March 2019 | 10 replies
If hey haven’t called a lender by that day my confidence in them is already near zero.
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11 April 2019 | 15 replies
@Nick Foster Completely agree with you on this and have been wondering why so many in these threads are sending money out of the historically best real estate markets to go into more speculative locations.
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2 April 2019 | 24 replies
You can put a bigger downpayment on new props to minimize your loan payments so that if you have vacancy it's not as big of a hit - there are a lot of ways to arrange your debt and equity so that you're putting that capital to work using 'OPM' (other people's money - in the case the bank and the tenants who pay the loan for you) while still having enough of a safety net to feel confident moving forward.
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11 April 2019 | 2 replies
I was confident I could remodel the property and raise rents to market value.
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1 April 2019 | 10 replies
@Dave Foster is our local go to 1031 Qualified Intermediary, who can tell you All the ins and outs of the 1031.