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14 May 2024 | 1 reply
Rents have not adjusted to those huge increases, and so most properties would lose money in today's market conditions.
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15 May 2024 | 8 replies
Those investments are super risky and if you have $200k to invest you don't get any additional mileage out of your money by having a $200k slice of a $50 million project.
14 May 2024 | 15 replies
At that point you do not have to accept any more money from them, and can continue the eviction process.
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15 May 2024 | 8 replies
Of those 20 projects, we BRRRR 8-10 per year, and the flips supplement the money left in the BRRRRs.
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17 May 2024 | 34 replies
I am hands on managing remotely and only due to the low interest rates locked in during the pandemic and tax abatement I am making some money.
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14 May 2024 | 6 replies
I have already spent fifteen thousand dollars for a program that didn’t show me how to get financing for my deals and I am broke seriously broke like don’t know where I’m going to get money to feed my family broke and I am HUNGRY in more ways than one this means the world to me I have to make this work so please if anyone can help me find private money lenders that will take a chance on me let me know I know I will make us a lot of money because I have.
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15 May 2024 | 9 replies
The bank loaned (sold) you the needed money do buy the home.
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14 May 2024 | 164 replies
I was told you make your money when you buy it.
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14 May 2024 | 12 replies
B grade property walks are attended by my children to run around and tell me which bedrooms they would pick if it was their home.43605, 43608, 43609 are the popular zipcodes for bottom-budget value purchases...I manage a ton in these areas and my personal portfolio contained over 40 43608 properties at the peak. 20% of these properties will be crazy money earners, 20% will be astounding money pits, and 60% will fare average.I have evolved into the nicer 43612/43613 for my personal portfolio and find the properties earn consistently and far smoother than my 43608 houses. ($80k renting for $1200 vs $40k renting for $800 multiplied by the ratio above vs boring consistency of the nicer area) Oh and I have zero excitement for apartments.
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15 May 2024 | 5 replies
The other two options require spending money that is basically going out the door to lots of fees and expenses of exiting your current house and getting into a new one.If you were just looking to move, that is perhaps a different story… If your house isn’t working for you, for instance.