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18 August 2019 | 7 replies
But you are right, that will take a lot more time and effort, and the time saved by having a contractor I could be searching for another deal.This would be my first deal though, so I'm not 100% confident I'd be trying to close another deal in tandem.I also wanted to get my hands dirty with the rehab as I absolutely love fixing things and making them nice again.
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11 August 2019 | 3 replies
It seems to me the current landlord lobbying groups are either incompetent, ineffective or are just serving large apartment owners in collusion with the city in a effort for “regulatory capture”.
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14 August 2019 | 10 replies
Thank you for your efforts!
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9 August 2019 | 0 replies
I'm finding that the handful of realtors that I've contacted barely make an effort to assist with gathering information for me.
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14 August 2019 | 15 replies
There's the financial side that says that if you're going to reinvest in real estate anyway any net savings over the cost of the exchange is worth it.But you gotta factor in your time and energy and any extra effort you perceive as well.
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12 August 2019 | 4 replies
--The garage was built in a way that with minimal effort, we could use the stall at the end of the driveway more like a carport and drive straight through to the back, but we would need to add at least 1 more garage space elsewhere if we did this.
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9 August 2019 | 3 replies
Also, for a $60K repairs, the rehabber might want to make at least $30K profit for the time and effort he will spend doing a $60K repairsHence, you have:$162,500 x 90% - $60K - $30K = $56,250So if you're going to rehab it, offer $55KIf you're going to wholesale it, better get it for $50K so offer $45KIf you're going to BRRR it, your maximum offer is $61,875, so offer $60K (I calculated it based on 75% x ARV - Repairs formula.
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16 August 2019 | 8 replies
Im not putting time and effort into helping someone out who has a high probability of not closing a deal with me.
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9 August 2019 | 4 replies
The acquisition side of the flipping business can be quite competitive, but it can be done with some consistent effort.
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10 August 2019 | 5 replies
And, of course, join your local REIA and attend local REI meetups.Once you do all of that, prepare to start your marketing and networking efforts!