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28 December 2024 | 24 replies
@Kegan SchollI am partial to Florida given I live here but I have house hacked for the past 6 years and it fundamentally changed my life, you are on a great path for success.
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24 December 2024 | 2 replies
I've had a similar issue in the past and had to resolve it by phone.
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26 December 2024 | 6 replies
So essentially you can't really judge if the opportunity is right for you because he wouldn't tell you anything about what you could expect down the road & by time you got to that point it was past the time to get your refund.
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24 December 2024 | 3 replies
I have a subdivision in Maryland that I’ve been developing for the past year.
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23 December 2024 | 21 replies
Quote from @Jerem Kaawaloa: I have spent the past 20 years working in health care and have only ever purchased properties for my own use, including a home and office.
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23 December 2024 | 24 replies
Federal programs will require you to use GC/licensed folks for a lot of the work and they will get reimbursed by the institution that your loan is with; many GCs don't want to wait on the float time of requesting funds and getting them.Depending on the program and rehab/condition of the home, you may not be required to live in the home (think black mold remediation...bank isn't going to put you in a compromised position) however they may have min/max of when you need to move in.
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24 December 2024 | 6 replies
If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!
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22 December 2024 | 0 replies
Every year 70-79% of adults set goals, with only 36% pursuing them past January and a depressing 6.5% past June.
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24 December 2024 | 4 replies
So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.
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20 December 2024 | 3 replies
(I'd love to just do a regular assumption on these, but I've more or less maxed out the number of houses I can buy in my name already)What I've done on these sub-to deals in the past:1.