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21 February 2025 | 6 replies
Are they going to be able to buy your proudly done flip.3) If you misjudge the market, do you know when to dump it.4) Can you put a spreadsheet together on your purchase costs, carrying costs, rehab costs, closing costs, selling costs, tax costs, contractors that don't show and delay your project etc. etc. etc.5) Is the return worth the risk.
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10 January 2025 | 4 replies
while I totally understand the frustration especially purchasing what was supposed to be a new and ready to go asset, but these things are pretty common so don't feel to discouraged.
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10 February 2025 | 16 replies
Buyers usually want to purchase on today’s value while sellers often want to use future potential of the property (“current rents are below market” or “room to build an additional property”, etc) to increase the purchase price or likelihood of a sale.
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2 February 2025 | 2 replies
Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan).
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3 February 2025 | 0 replies
Purchase price: $110,000 Cash invested: $30,000 Hobby Farm On 10 acres2300 sq ft house with 8 out buildings - Large Barn, Animal/hog barn, Mid-size machine shed (2) 25' x 35' / 30' x 50', Large Machine shed 60' x 60', Grainery barn, Entertainment Barn, 3 car garage What made you interested in investing in this type of deal?
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17 February 2025 | 9 replies
I purchased this 8-week Momentum package two weeks ago and am still waiting for the Zoom Meeting information, as it starts tomorrow at 2:00 p.m.
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12 February 2025 | 12 replies
I have individual spreadsheets for each property that I used in my initial analysis for purchasing the asset of course, but I'd love to see everything all together now with real-time numbers.Where can I find something like this?
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2 February 2025 | 1 reply
So pretty good equity position within a year plus cash flowing well based on a $325k purchase price.
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6 February 2025 | 6 replies
Keep in mind, it would be in your best interest to go for as high as 4 units on each purchase to maximize your door count.
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1 February 2025 | 16 replies
Or buy something that needs some love and some hard money lenders will fund up to 90-100% of the purchase and rehab.