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25 September 2021 | 0 replies
Purchase price: $130,000 Cash invested: $43,000 Goal with the first OOS rental was to find a SFR that was primarily rent ready or required light rehab by Summer of 2021, with the criteria minimums of $200 pure cash flow, 10% CoC return, purchase price around the $125k range that met the 1% rule.Backstory:This property was listed on the local MLS as "coming soon" and I reached out to the listing agent directly to see if they were entertaining early offers.
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26 September 2021 | 1 reply
My criteria minimums were $200 pure cash flow, 10% CoC return and purchase price around the $125k range that met the 1% rule.
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26 September 2021 | 0 replies
Should I request a special type of water penetration inspection?
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28 September 2021 | 23 replies
what is the water piping, drains, electric, sewer and heating system condition?
27 September 2021 | 3 replies
Electric, cable/wi-fi, water etc to make it make more sense and also avoid a more aggressive contract.
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9 March 2022 | 9 replies
There are brokers that do have good relationships with all the agency lenders and can help you navigate the waters.
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27 September 2021 | 4 replies
You don't want water getting behind the shower walls and rotting wood.
2 October 2021 | 11 replies
By winterizing I actually meant draining the water supply lines and filling them with antifreeze.. vs redoing insulation in a crawl space.
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28 September 2021 | 5 replies
You can more or less see this for yourself by google searching "[credit union name] IRS form 990," to confirm that these are neither lowly gov't bearcats, nor are they starving do-gooder charity worker volunteers acting purely out of the kindness of their hearts.