16 May 2020 | 19 replies
I'm not sure if I should go for it or not, but I do think it's the best opportunity I've found so far.Price: $45,000 (incl closing costs)Rehab: $25,000All in price: $70,000Rent - worst case scenario: $900Rent - medium scenario: $1,000Rent - best case scenario: $1,250 (w/o COVID I would be confident rent would land here)The median price in the zip code is $123k.
15 May 2020 | 1 reply
(I'm pretty confident in being able to afford both downpayments within a rather short time span).After talking to a lender today, he was actually pretty helpful and told me that it might be better to look into the primary residence first, and then go into the investment property.
16 May 2020 | 2 replies
Now we're in this pandemic and I'm not confident I'll get what I could have gotten for it.
16 May 2020 | 5 replies
Don't buy a property hoping it'll cash flow, know or be reasonably confident that it'll cash flow.
19 May 2020 | 3 replies
It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.I'm trying to make my numbers as accurate as possible.Where do you all search for estimating the costs of the following:+water and sewer+garbage+gas and electricI have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal.
19 May 2020 | 5 replies
It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.I'm trying to make my numbers as accurate as possible.Where do you all search for estimating the costs of the following:+water and sewer+garbage+gas and electricI have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal.
18 May 2020 | 3 replies
obviously those would only work if the deal would still make sense at those prices. how confident are you that this is a good deal and that it will work out?
18 May 2020 | 5 replies
I’m confident I’ll have the rehab handled.The issue is financing the rehab.
11 June 2020 | 56 replies
which.... did not make me feel confident in the advice I was getting.
24 May 2020 | 37 replies
Now, when we talk with brokers about $8M or $12M deals, they take us seriously and are much more confident recommending our offers to the sellers...