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1 February 2024 | 8 replies
@Winston Eastman let's try to objectively (and Logically) look at this.TURNKEYPros: 1) Everything should be done, so no major repairs for near future2) Can finance everything in one purchase loan3) Can also buy with tenant in placeCons:1) Usually paying market price2) Trusting that repairs were all done and done well, otherwise potential money pit3) Any tenant in place may be misrepresented to make the saleOWN REHABPros: 1) If done well, may have instant/forced equity2) You will know exactly what repairs done and how well they were done3) Can place your own tenant to your qualificationsCons:1) Rehab loans are expensive2) Can run into rehab surprises affecting budget (watch any HGTV flip show!)
2 February 2024 | 6 replies
Renovations for accessibility could be an additional cost.Sell the Property: Selling could free up a significant amount of cash, allowing you to pay off the HELOC and potentially purchase a condo that meets your family's accessibility needs.
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2 February 2024 | 3 replies
If our plans are to sell the property in a short period of time, we may also agree to let that agent list the property for us when we go to sell it so they may make a round trip on their commissions.When a business is trying to grow, we've found that finding more potential deals is often times a company's most important mission and can also be the single most difficult challenge.Utilizing wholesalers is an easy way to find opportunities, simply because they find the opportunities for you.
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1 February 2024 | 9 replies
You can check out details on their Facebook page if you are interested in attending and potentially networking.
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2 February 2024 | 10 replies
I would be interested to view these listings to determine if the locations, work needed, and potential cash flow made sense for my current situation.
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2 February 2024 | 3 replies
Consider joining one of these groups or attending these meetings so that you can get to know other people and potentially find a future business partner if you need one.
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3 February 2024 | 18 replies
There's only a very tiny pool of potential buyers that could be better buyers.
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1 February 2024 | 15 replies
@Michael Baum one of the big draws for me is actually the potential security from STR regulation.
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1 February 2024 | 18 replies
It happens to be in SoBro so I think it has good potential but I am still weighing up the options.
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2 February 2024 | 6 replies
Competition is super high in the Disney area so for sure you are potential bookings with with let's say 3 couples and a couple kids / adult kids each that pass.