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Results (10,000+)
Brooke Morton First time working with a wholesaler
17 January 2024 | 7 replies
@David Ramirez is based in Florida and he would be a great resource! 
David Ivy Austin Market Report - December 2023
17 January 2024 | 1 reply
Jason Schenker, president of Austin-based Prestige Economics, said, “I don't want to discount the individual pain of layoffs, but on net we are still adding jobs [in Austin].
Cody L. Wholesellers - Stop. Read this. Wholesaling is ...
16 January 2024 | 104 replies
I'm a big fan of Jerryll on this forum just because I hope some of these wannabes are reading his posts and deciding not to max out their credit card buying a list with my name on it!
Ethan Friedman I’m new here!
17 January 2024 | 5 replies
The comptroller will have public records but the property appraiser is where you can filter based off of Property type and whether or not it is owner occupied.
Tony Chiha buying a house at a lower than market value
17 January 2024 | 4 replies
(FYI- a buy and hold will most likely be negative cashflow onPurchase Purchase -$1mPurchase Costs (appx) - $10kTotal purchase costs - $1,010,000Holding CostsMortgage-$5,662/mthTaxes (estimated at 1.15% annually based on 1m purchase price)-  $958/mthInsurance - $250/mth (could be more these days)Total holding costs per month are around $6,870Assuming the best case scenario of the property needing no maintenance or rehab and a quick turn around of 2 months for listing for sale to close of sale, your holding costs would be $13,740SaleSale Price $1,200,000minus sales costs (~6% -see comments above) $72kNet Sale proceeds - $1,128,000So, in the best, best, best case scenario the #'s are:$1,128,000 (potential sale proceeds)minus costs of$1,010,000 total purchase costs$13,740 holding costsFor a grand total of $104,260 in potential net profit if EVERYTHING goes as planned with NO repair costs and a very quick sale, etc.
Nadir M. Specialty Garage Condo's Assistance
15 January 2024 | 0 replies
My units are roughly around 1100 sq ft and if i choose to, I could build a mezzanine, bathroom, or a ceiling fan or all of the above.
Schadrac Mertis Nothing cash flows in austin
17 January 2024 | 18 replies
A deal may not cash-flow on paper based on what's advertised but that only means if you buy a turn-key rental at full-ask that it won't cash-flow today.
Ryan Aung Delayed Financing with Rehab cost included (BRRR method)
16 January 2024 | 18 replies
It’s not really a true brrrr since you’re not getting financing based on ARV, which you’d have to wait at least 6 months for.
Lisa H. Lending snobbery - DSCR loans
17 January 2024 | 40 replies
In case helpful more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Scott Mac What are good Business Hours
17 January 2024 | 0 replies
Starting out at noon, Getting organized for the day based on a predetermined plan for that day, and then spending from about 1:30 in the afternoon until about 3:00 PM making and returning business calls.