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18 July 2024 | 8 replies
Hire someone cheap and you'll suffer for it.If you are "breaking even" after all expenses and maintenance, then you probably can't afford to pay a professional to handle the marketing and screening.
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22 July 2024 | 6 replies
My team and I dive deep into market analytics to provide our clients with comprehensive reports that guide them in making informed, data-driven choices when entering new markets and setting up their vacation rentals.Moreover, we prioritize a human-centric approach in our designs, ensuring that not only are the aesthetics on point, but the functionality and comfort lead to happy guests and consistently stellar reviews.
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22 July 2024 | 2 replies
The rentals are paying the holding costs on it so far (taxes and insurance are high in this market).
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19 July 2024 | 0 replies
Purchase price: $98,000 Cash invested: $31,000 Sale price: $166,000 We acquired 1212 Ridgmont from a wholesaler, and it turned out to be a straightforward rehab project.
19 July 2024 | 58 replies
I'm happy to pay wholesalers to bring me deals.
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22 July 2024 | 20 replies
I have several deals I'm putting together with houses under contract that are below market and will cash flow when closed on.Doing Due Diligence and I wanted to see what experience you guys had with this lender.
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22 July 2024 | 9 replies
Lastly, it could be that the bank is going to portfolio your loan at below-market pricing because they want the entire banking relationship (deposits, transaction processing, consumer lending, etc) or simply want the risk (yield).Lots of local and regional banks have been retaining loans at really aggressive pricing recently as the current environment makes this favorable for them.
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20 July 2024 | 5 replies
I would just know that if you think it takes for example, 20 reach outs a week to wholesalers and door knocking 200 homes, make sure you double it.
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19 July 2024 | 0 replies
Educate YourselfLearn the Basics: Understand real estate terminology, market cycles, financing options, and investment strategies.Read Books and Take Courses: Educate yourself through books, online courses, seminars, and workshops.
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22 July 2024 | 10 replies
What has worked well for me is looking at properties that have been sitting on the market.