Nicole Goss
Best Direct Mail Service Providers?
30 January 2024 | 26 replies
Both services are very cost-effective and easy to work with.
Winston Eastman
Rehab vs. Turnkey
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!)
Stephon Jones
Bartlett, TN Wholetail Deal
1 February 2024 | 1 reply
Purchase price: $165,000 Cash invested: $182,000 Sale price: $215,000 https://www.zillow.com/homedetails/3960-N-Heatherhill-Dr-Memphis-TN-38135/42291251_zpid/Cleaned the property out, repaired roof, filled holes in drywall then relisted.
Zak Dolak
Intro - Just starting out
2 February 2024 | 7 replies
While saving up for your house hack deal (even at 3.5% down you still need a decent chunk of change for closing costs, initial repairs and sufficient reserves) put all your money in a high yield savings account like Wealthfront or in T-Bills on Public.com.
Timothy Taylor
Chicago Zoning Change Completed, Next Steps?
2 February 2024 | 5 replies
Light & Vent requirements (especially for the bedrooms), 7' clear ceiling height, eater service size, etc.
Keith Jourdan
Tenant living with no electricity!???!! this is a new one.
1 February 2024 | 8 replies
He is responsible for gas/electric.He called me yesterday and notified me that the electric company disconnected his service 2 months a go because his bill got too big and he can not pay it at the moment.
Account Closed
Best way to make seller finance payments
1 February 2024 | 8 replies
Does anyone recommend using an online service, or is it better to just write the seller a check every month?
Ali Masoudi
Buying and running a carpet/ flooring cleaning company in Austin TX?
1 February 2024 | 0 replies
Hi there, not sure if this is the right forum, but I'm interested in starting a real state service business on the side (I have a full time job and rental properties), and recently came across a carpet/ flooring cleaning company in Austin TX that is in the market for sale, the owner started this business a few months ago and ran that for 3-4 months, the demand was solid for the start (revenue around $20k/month with one truck/van), he wanted to expand but got into family emergency issues and now he's selling the business, there are no financial statements as he says he's basically selling the assets (van, machines etc.).
Nicole Blankenship
Newbie Investor Choosing a Market
2 February 2024 | 52 replies
While the stock of homes for potential renovation and renting in Cleveland is still strong, finding the right property that matches your investing profile, performing renovation work and, finally, managing properties can be a daunting task- and nearly impossible to do profitability without the right local team.We put our experience and expertise to work for you by providing investor services from the beginning to the end of the investment lifespan.Connect with me to learn more.
Lucy Rodriguez
Ready to invest
1 February 2024 | 4 replies
You will want to purchase the home at a discounted price with the formula below:After repair value (ARV) * 70% - repairs - closing costs.