Rhonda McDaniel
Update to our first airbnb and why we sold it
17 January 2024 | 3 replies
Purchase price: $64,555 Cash invested: $6,200 Sale price: $154,000 Second BRRR and First Short Term RentalPurchased on Construction loan with $27,569 construction hold back.Extra Rehab costs (plumbing, A/C, and roof unknowns): $10,000Down payment and closing costs : $13,656Cash out Refinance (cash back to us after fixed and rented): $17,452Total Out of Pocket after refinancing: $6,200Cash flow varies by month as this first year we are doing a Short-Term Rental.
Pamela Maduro
Meeting with a Broker
16 January 2024 | 7 replies
Brokers generally hand you off to somebody else to originate the loan -- that's why they are brokers.Ask given your financial situation, what sort of loan product would he advise.
Justin Brickman
This Affordable Texas City Is Giving Austin & Dallas A Run For Their Money
16 January 2024 | 4 replies
Are there any or lots of product coming online in the next year or two?
David Ivy
Austin Market Report - December 2023
17 January 2024 | 1 reply
Closed sales, however, were down about 8% from the year prior.Overall, the Austin real estate market looks relatively stable and poised to exhibit its typical seasonable behavior as we head into the spring/summer selling season, where more buyers enter the market and more owners aim to list their properties.Here are the full stats for Austin and the greater metro:Here’s a look at the median single-family home price in Austin over the previous year:For broader context, here’s the same chart, but now pulling in the past 10 years:Buyers will be happy to hear that, over the past few months, single-family homes in Austin have sold for a median 93% of their original listing price.
Rhonda McDaniel
1st Fix and Flip
17 January 2024 | 1 reply
Purchase price: $75,000 Cash invested: $2,847 Sale price: $180,000 Converted Single car garage to primary master with bathroom to add around 220 sq. feet.
John Philip Eugenio
Transferring RE to LLC
16 January 2024 | 5 replies
From what I've seen, those who like to transfer existing properties to an LLC will do so after the sale and some are aware and others are not that there may be a due on sale clause.
Alice Saunders
Tenant with mouse traps toxic to pets
16 January 2024 | 10 replies
I asked that no toxic anti- rodent products be used as I have cats and discussed that they could cause toxicity if my cats caught a mouse.I did not put the request in writing.This past week my young cat became rapidly ill within a few hours and died from what appeared to the symptoms common of Bromethalin.
Christopher M.
Reviews of Chris Prefontaine Smart Real Estate Coach?
17 January 2024 | 23 replies
I worked in corporate sales for 25 years and sold elevators for 17 years for the same company.
Cody L.
Wholesellers - Stop. Read this. Wholesaling is ...
16 January 2024 | 104 replies
We are jsut way to busy with 6 other companies we are raising, and 5 new products we are bringing to the REI market.
Matthew McManus
Software Program for New Hardscaping Business
15 January 2024 | 0 replies
This will be installing hardscapes such as paver patios, driveways, walkways, acsent walls, structural retaining walls.I want to be able to show the customer what the finished product will look like with 3D renderings.