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10 June 2024 | 39 replies
What lien is being foreclosed on… Ohio works this way so do other states.. west coast no its cash and carry.
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8 June 2024 | 10 replies
(I reside in Texas.)Born and raised just west of Westminster.
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10 June 2024 | 18 replies
If you are ever looking to invest in multifamily on the west coast, you know where to find me for info.
7 June 2024 | 10 replies
However, we are worried about losing our "investment" and such a low interest rate.We purchased a Trendmaker home west of Houston in Katy, in 2020 with 10% down at 3.3% interest for $319,000.
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7 June 2024 | 9 replies
G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???
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7 June 2024 | 4 replies
There are 2 areas in San Diego that I believe are likely to out perform the general San Diego RE market (and I am not invested in either due to distance from my base). 1) west Chula Vista (CV).
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4 June 2024 | 2 replies
The partnership with Ivan West exemplified our ability to maximize property value through strategic investments and collaborative efforts.
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7 June 2024 | 4 replies
But to the north, west and south, there has (almost) always been a stock of housing that was more affordable than in Boston.But then all of that housing stock kept rising in price, and earning power didn't keep up.
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6 June 2024 | 1 reply
Purchase price: $92,500 Sale price: $270,000 This West Philly home was located in the Carroll Park neighborhood of 19131 and was a great site at just under 1500 sqft.