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10 February 2025 | 59 replies
It burned to the ground a week after purchasing.
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8 February 2025 | 6 replies
I don't think you would actually be able to purchase and maintain the policy with $750,000 replacement cost if they think it would cost $1.3 million to rebuild.
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4 February 2025 | 0 replies
Using quality yet affordable materials can transform a space without excessive costs.I could remember working on a property an investor purchased.
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7 January 2025 | 3 replies
I figured I would use HM for the purchase and DADU build.
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1 February 2025 | 5 replies
The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.
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11 February 2025 | 13 replies
Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.
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6 February 2025 | 7 replies
I partnered with him and purchased my first property here in Columbus, OH.
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3 February 2025 | 4 replies
Let's assume the financials in the package are good for a moment (they probably are not) AND that you either do not or do achieve the broker's pro forma:If you purchase this asset, achieve ONLY the 'current' NOI, grow NOI 2% per year, and exit at a 5% cap at the end of Year 6, you will have a 4.8% unlevered IRR.
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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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30 January 2025 | 3 replies
I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.