8 February 2022 | 8 replies
*One unit will be occupied by me*The current deal(s) I have negotiated -Purchase Price: $518kCredits: $7k credit for closing costs (from owner)Financing: 3.5% down ($18.1k down)orPurchase Price: $539kCredits: $7k credit for closing costs (from owner) and $21k credit to my pocket (cashiers check).Financing: 3.5% down ($18.9k down)Essentially, I get my down payment back and have no skin in the game.
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3 December 2021 | 0 replies
It just made sense for grow faster, and I knew trustworthy people who invest there.An international cellphone plan, many many phone calls, BP forum posts asking for insight and a lot of research over 6 months, and I had a team set up, THIS.
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14 December 2021 | 1 reply
I haven’t bought a property for a couple years and I’m looking to get back into the game.
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13 December 2021 | 18 replies
I have thought about trying the STR game, but there seems to be a lot more work that goes into them over the long term or you need to be able to find people who can run all the systems for you.
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5 December 2021 | 16 replies
@Julie Hartman I wish all property management was trustworthy to not spend my money frivolously, but skeptical.
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4 December 2021 | 2 replies
If you borrow 100% of the purchase price, you have no skin in the game and it's easy to walk away.
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5 December 2021 | 61 replies
Most investors say their actual expense rate is closer to 50%, but for investors who do their own repairs and are on top of their game easily get their expense rate to a little less than 30% meaning much higher returns on their investment.
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16 December 2021 | 8 replies
You just have to wait it out and play the game, hoping you'll get reimbursed somewhere down the line.
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5 December 2021 | 2 replies
Prior to that I had Hughesnet for six years-they were the only game in town-and it was a very torturous time.
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5 December 2021 | 16 replies
And as Nathan said, you live in The Worst state for landlords.......if you insist on doing business there, you'd better make sure you know the rules of the game...you may have got off easy this time....