
1 January 2025 | 12 replies
Assuming the liens were the mortgage, taxes, hoa etc and totaled less than the purchase price.

27 December 2024 | 4 replies
I wanted to share the numbers and want to make sense if it's a good deal for us according to what we are looking for.Price: $450k (agent said that we can get it down to $420k)2 Units (1 bedroom in each unit)Mortgage with 3 year fixed comes up to around $2.3kInsurance and tax is roughly $400Rent per unit is $1.4k so if we move out then total rent comes up to $2.8kThere's a detached ADU (garage) that can give us another $100-$150 if we rent it for storage and there's a scope of converting it into another unit later on.So currently rough calculation says that it can cashflow up to $300 per month.

28 December 2024 | 26 replies
I attended a Jerryll Noordan video call just this morning and I left the call feeling totally mislead and concerned about the integrity of the marketing tactics being used to draw investors like us to the video sales calls.I was on Facebook last night and, for the first time, saw Jerryll's ad and clicked on it.

27 December 2024 | 6 replies
Your total spend might be like $1,500/year on everything from brokerage to MLS to boards.

6 January 2025 | 15 replies
For me, If they buy with me and then sell with me when they flip it, it is totally worth the time/effort.

3 January 2025 | 26 replies
Look for undervalued properties.Network: Connect with local real estate agents, contractors, and other investors for insights and deals.Analyze Properties: Use the 1% rule to evaluate potential properties (monthly rent should be at least 1% of the total investment).Secure Financing: Explore different financing options like conventional loans, hard money loans, or private lenders.As for timing, if you can handle the extra responsibility, starting now could give you a head start.

3 January 2025 | 42 replies
I recall that you're in another deal where you invested $300k, got back $12k total over two years and there are zero funds on the horizon.

9 January 2025 | 107 replies
@Brett Danehey I totally would be as it would help me learn and be involved even more.

7 January 2025 | 16 replies
@Jonathan Greene I totally agree.