17 November 2022 | 9 replies
I'm not sure I want to discount any rent because I don't want to set a precedent for rent withholding, but was thinking maybe a $100 gift certificate to a nice restaurant in town makes sense?
17 November 2022 | 4 replies
@Hariharan ElavarasanThe deeper the discount, the better it is for the investor.
20 November 2022 | 3 replies
Is anyone using cost estimating books or software to estimate construction costs on their flips?
18 November 2022 | 5 replies
It doesn't count gas, software, telephone, or any other expenses yet.
18 November 2022 | 6 replies
Now I can say I’ve almost come full circle.During lock down last year I spent a lot of time watching YouTube videos and stumbled across an Australian (Lindsay Stewart) who was acquiring US properties remotely.I have been investing in property since 2007 but had never had anyone walk me through the process of how to successfully invest remotely.After months of due diligence I acquired a property in Roseville, MI from (having never been to that state let alone that city).I was able to buy it deeply discounted, with a tenant in place only doing minimum delayed maintenance items - 500 spent.The asset is generating a 10.2% net yield and once I carry out a cosmetic renovation that will increase to 16.2% net yield!
18 November 2022 | 3 replies
If not, there is software out there like Propstream, REIPRO, FlipperForce, etc that automatically download mortgage info like mortgage original balances, estimated balances, estimated payments/rates, etc.
18 November 2022 | 6 replies
If she asked for a discount on a Wagyu steak because she's on a fixed income and retired, the butcher would tell her to buy a rib eye, New York Strip, or something she could afford.
29 November 2022 | 7 replies
The software also had a state specific lease as a template.
23 November 2022 | 29 replies
Id buy with 50% down so as not to use up all your cash, then proceed to purchase more under valued or cash strapped properties at discount throughout this recession.
21 November 2022 | 15 replies
If you don't want to increase rents or vacate the tenant then just be willing to take a discount.