28 January 2020 | 2 replies
If you want to know your max purchase price formula it's: ARV x .7 - Cost of Rehab = Max OfferBut the overly dramatic example I gave (sorry... but it can turn real quickly) is why you have to know that cost of rehab with some degree of certainty, or else simply asking what percentage of 65k would make it a great deal is irrelevant.
3 February 2020 | 6 replies
Other pockets just south you want to avoid as well. 40 miles west, whoever you are speaking with simply has no idea what they are talking about unless they want 6- 8% net caps,but why bother with that Good Luck
16 July 2020 | 10 replies
Simply go to my profile by clicking on my name in this post and send a request to connect, or do so direct from this thread post.
7 February 2020 | 10 replies
Compared to our other portfolios I prefer Cleveland based on the yield, ability to operate, great selection across classes (A-F), changing national reputation, price points, and the fact that I simply like going there (I live in Boston).
31 January 2020 | 8 replies
The first house will be rent ready, just without a tenant in it and I'm afraid that if I buy another house I will get turned down simply because of the debt to income.
29 January 2020 | 6 replies
In that case, you can simply have the account at a bank or brokerage where you will have direct checkbook control.3.
20 February 2020 | 4 replies
Most people simply couldn’t get passed the no smoking and no pets.
3 February 2020 | 40 replies
I live in the Bay Area and aside from my home, I simply can't afford to invest in this area, cashflowing or not.
5 February 2020 | 3 replies
As it turns out, they are claiming they can't run it through the attic (the attic doesn't extend far enough apparently) and they say they can do it 2 ways - drill a hole in the master bedroom wall that adjoins the guest bedroom where network cable is already laid.