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11 April 2024 | 0 replies
The tangible nature of property investment, coupled with the potential for rental income and capital appreciation, offers a balanced risk-reward ratio.
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9 April 2024 | 10 replies
Does anyone have any suggestions for lenders that offer a cash out refinance at an LTV of 80%, with 6 months or less for the seasoning period, and service Alabama?
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11 April 2024 | 0 replies
Mail, Blind offer How did you finance this deal?
11 April 2024 | 1 reply
My goal is to establish a well-rounded portfolio of rental properties that not only promise financial growth but also offer value and sustainability to communities.I’m particularly keen on understanding the nuances of different real estate markets, effective property management techniques, and strategies for making informed investment decisions.
11 April 2024 | 4 replies
Ask them to share their STR management VRBO, AIRBNB etc, and look at their costs.Use their vendors if they offer positive opportunities and use that as a way to ask for "Earn your Business' type discounts.
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11 April 2024 | 40 replies
@Joe Villeneuve I recently put an offer for a condo (< 100k) and got accepted - it was all cash offer.
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9 April 2024 | 1 reply
This strategic move paid off handsomely as we were able to command higher rents than initially projected.Here are the key financial details of the deal:Purchase Price: $270,000 (jointly with a partner)Financing: Obtained a commercial bank loan with a 30% down payment, 7% interest rate, and a 20-year amortization period.Initial Rents: $1050 and $1250Current Rents: $1400 and pre-leasing for $1500 (making it a 1% rule deal!)
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11 April 2024 | 8 replies
I’ve had the property listed for three months with some interest but no offers.
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11 April 2024 | 5 replies
Go to meetups, offer to help people FOR FREE, ask for book recommendations, read the books and follow up with the people who recommended them.