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9 April 2024 | 7 replies
What's most important to you @Michael Furey for making a decision like this?
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9 April 2024 | 11 replies
Options include real estate syndications (group investments), funds, or real estate crowdfunding.
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9 April 2024 | 9 replies
But there is an important benefit: As a new flipper you will have a hard time underwriting your transactions accurately.
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9 April 2024 | 0 replies
The rehabbing of the property was a bit over 33k which included a new HVAC System, Floors throughout the house, new bathrooms vanities, kitchen countertops paint and a lot of sheetrock work and trash removal.
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9 April 2024 | 0 replies
The rehabbing of the property was a bit over 33k which included a new HVAC System, Floors throughout the house, new bathrooms vanities, kitchen countertops paint and a lot of sheetrock work and trash removal.
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10 April 2024 | 7 replies
The initial returns are lower on paper in better locations (lower cap rate, less initial cashflow according to the magic spreadsheet), but the overall returns in reality are much better including all the different ways people make money in real estate (gained equity through natural and forced appreciation, principle pay-down, increasing rents= higher cash flow when looking at the big picture if you buy and hold, depreciation tax benefits, plus way less of the big profit killers like turnover, non-paying tenants, property damage and theft, dealing with bad contractors because good ones don’t choose to work in bad areas either, etc.).
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9 April 2024 | 8 replies
Education Includes determing your best investment strategy, real estate strength & weaknesses, current and projected real estate market, and coming to understand what you don't know.Bigger Pockets is a great place to learn through blogs, posts and contacts here.
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9 April 2024 | 11 replies
It's far harder to qualify for conventional loans if you're a business owner or self-employed and that equals opportunity.When I look at doing a potential owner finance deal the most important thing for me is skin in the game.
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9 April 2024 | 5 replies
The building has been extensively renovated by the prior owners in 2022 including new heat/ac, appliances, flooring, kitchens/bathrooms, roof.
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9 April 2024 | 6 replies
I've had security deposits and pro rated rent at closing on dozens of deals with all kinds of loans including FHA.Are you maxed on credits?