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1 September 2021 | 13 replies
My wife and I purchased our first property (a C-class fourplex) in 2017 which we house-hacked for three and a half years.
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1 September 2021 | 17 replies
Is it in a D-class neighborhood?
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1 September 2021 | 5 replies
From a practical perspective doing the walkthrough in 2 weeks is unlikely to cause too much of an issue depending on the tenant class etc.
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8 September 2021 | 5 replies
Price 450,000Cap rate on listing is 13.35%Taxes 15,700Annual Gross rent 81,9008 unit property 4 commercial units (2 restaurants, 1 liquor store, 1 mechanic which uses the garage) 4 residential units (2 units are 1bed/1 bath, other 2 units are 3bed/1bath)The property is right off a main road with the train tracks to the side of it C class neighborhood The property will need renovations, roof was done this yearAll units are rented and have been long time tenants This would have to be a cash deal and was thinking about getting a hard money loan to secure the property and refinance out of it.
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15 September 2021 | 22 replies
I went to UM for law school, so a little familiar :) I still do FL RE work too.I like anything working class, so you can look inland or Doral or Hialeah?
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2 September 2021 | 17 replies
You should be consuming podcasts and books-Maybe look into a career that is centered around real estate to get some experience that way.
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10 January 2022 | 12 replies
Are there a wide range of renters there (Class A?
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2 September 2021 | 6 replies
@Tyler Stone if you can't find someone to hang your license with, I would not view the time you spent on the salesperson courses as a waste/mistake.I often recommend to new investors that they consider sitting through all the pre-license courses (even if they don't ultimately take the exam) as they're a great education and introduction to real estate, and very affordable compared to the information gained.I also tell them that since literally anyone can become a real estate agent, the class (especially an in-person class) can have some... colorful characters🤣Even if you never become an active agent, it's a very good set of introductory knowledge about real estate, and it's also very helpful to know when dealing with agents in the future - as you almost certainly will at some point.
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4 September 2021 | 3 replies
@Justin SawyerWholesaling successfully as a business, and not just getting lucky one time (like winning the lottery) requires a marketing budget of $5,000 to $10,000 a month, for SEO, SEM, direct mail, direct email, SMS, call center follow up, etc.
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5 November 2021 | 3 replies
These properties were located in A or B+ Class areas and targeted young professionals.