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22 February 2024 | 11 replies
Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping,"In one breath you say you are fix and flipping but in another mention the phrase above which tells my you are a wholesaler of a contract and not a cash buyer.I don't know why people intermix the two.The difference matters to an asset manager.If you give them a quick close,no contingencies,cash in your bank account that you control valid within the last thirty generally you can get much lower offers accepted.Now it all depends on what type of property you are going after and they type of bank or government institution involved as to how much impact a certain strategy will have.
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21 February 2024 | 14 replies
That's too bad, because tile is, overall, a good flooring choice...lasts forever and low maintenance.
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22 February 2024 | 9 replies
hahaToledo is a cashflow and volume play.It's a slow mover during boom cycles and takes 10+ years to catch up to other markets when it comes to appreciation but eventually it does.Just like it did the last few years when folks ran out of deals on the East Coast and West Coast.Everyone started stampeding Toledo.Happy to have everyone tho so keep coming 🙏
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21 February 2024 | 27 replies
For example, I set up a syndicate to purchase a 21 + acre tract of land located in a major mixed use development with the intention of holding 3-8 years until we were one of the last sites to be developed. Â
21 February 2024 | 6 replies
So, she could get a better rate on her auto loan - which is through a local hard money lending company that typically charges 25%+ interest rates on crappy cars that won't last the term of the loan.So, if you can't just look at the application data subjectively and without emotion, you should delegate it out.
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22 February 2024 | 1 reply
Whether you're a seasoned investor or just starting out, leveraging the BRRRR strategy with expertise and diligence can lead to significant returns and lasting success in the competitive real estate market.
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21 February 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
22 February 2024 | 2 replies
The last few sales codes say CD, QC, OR, OR.
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22 February 2024 | 10 replies
Hi @Robert Hasty, I wanted to check in and see how things panned out over the last year.
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22 February 2024 | 21 replies
I adquired 10 rentals in the last 2 years and Im purchasing a triplex in a couple days.