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5 February 2018 | 6 replies
I told them my intent was to keep rents lower than market rents for at least 24 months (the owners were advocates for affordable housing), and told them if rents were raised to market that I'd donate 10% of net profits toward our favorite non-profits and charities as long as I own the building.
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21 February 2018 | 23 replies
I would also ask the heavy hitter Agents at my brokerage who their favorite lenders were, and that helped me connect with some of the best of the best.As far as cultivating...the biggest thing I did was send my mortgage lender business.
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24 February 2018 | 5 replies
Too bad you can't stay a day longer, my favorite networking event meet on the 21st.
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14 April 2017 | 5 replies
Find an experienced rehabber or hard money lender in your area, and ask them about their favorite attorneys.
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21 April 2017 | 4 replies
My favorite is when the wholesaler attaches an estimate from a single General Contractor who walked the house.
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16 April 2017 | 0 replies
G'Day everyone,It's me, your favorite Aussie.I need help from anyone and everyone that has experience investing in trailer parks.The number on a deal I'm looking at buying look absolutely MONSTROUS but the again, I don't really don't know what Im getting myself into.Here are some numbers and demographics below:PP = $80,000 max (I'm trying to buy for $60,000)Area = C Class and very industrialSize = 4.5 acres and 60 pads (15 trailers currently producing $30,000 gross)Property = 1 out 10 (Everything is falling apart from the fence, signs and the club house which is fire damaged)Rehab Needed = Around $50,000 to make it a 5 out 10 complex.So I'm running the numbers and estimating to be all in for $120,000, bringing the complex to a 5 out of 10 (Nothing sexy, nothing flash, just neat, tidy and basic)Even at 50% occupancy of $250 per pad and with a 50% expense estimate, I'm making $45,000 net which would make it a 37.5% net ROIWhat am I missing gang?
18 May 2017 | 29 replies
My favorite of all this is move out, rent and manage out both sides, and be a renter yourself until you can buy another property.
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20 April 2017 | 17 replies
they are my favorite and they are the easiest to get the deal done with- it does take some negotiating skills but they always pay offenjoy
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4 May 2017 | 4 replies
@Ryan Tuleja the link below is hands down my favorite way to find homeowners.
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21 April 2017 | 11 replies
@Megan Greenhouse -- that's my new favorite REI last name.