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23 June 2024 | 2 replies
Hello all,I’ve recently started a new junk removal and handyman business in Northern Virginia.
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24 June 2024 | 20 replies
I just started a real estate company.
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23 June 2024 | 7 replies
I'd start by looking on Furnished Finder to see what other similar properties are listed for in your area and how much availability they have on their calendars.
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24 June 2024 | 8 replies
A monthly survey conducted by the University of Michigan that measures consumer sentiment and inflation expectations has affected yields and offered a data point for predicting Federal Reserve actions.Purchasing Managers Index (PMI)Another factor starting to gain steam in terms of affecting mortgage rates are various regional Purchasing Managers Index reports, which offer a glimpse into the health of the economy.
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23 June 2024 | 105 replies
Where do you start?
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22 June 2024 | 22 replies
I started looking into this because my neighbor had to hire a process server to find how to serve the Management Company.
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23 June 2024 | 3 replies
So I started trying to get creative on how to create a win-win-win for all.Here’s how it went down:I got the sellers to agree to an asking price of $180k, a full $40k over what they originally wanted.In the offer, we included a seller credit of $34k.This strategy allowed me to cover the extra commission for both the buying and selling agents and ensure the seller got exactly the cash they wanted should they have sold it at 140k.With the seller credit, this reduced my total out-of-pocket expense to just $6k.I used a commercial DSCR loan product with a local bank.
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22 June 2024 | 2 replies
Just completed the 90 hours of school for real estate and figured this would be a great place to start networking.
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22 June 2024 | 5 replies
I heard many successful stories from my past clients that have started doing this a few years back.
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24 June 2024 | 14 replies
I sometimes advise buyers to get an under-rented property that may be below market rent, maybe do some upgrades, and after rents are increased you'll be close to or above the 1% rule if you don't start out that way.