Hi All I have SFH bought for 165K, 5K closing costs, financed 75% of purchase price at 4.5% 30 yr. Spent 20K for rehab, renting for 1500$/month.Now property is showing 300K (zillow estimate), I'm considering refi-cas...
Hello all,What kind of marketing strategy are you guys doing nowadays? Does DM still work in today’s competitive market? I sent out 3.9K letter this past month (I am committed for a 6 months campaign). It has been abo...
I am constantly looking at SFR Investiments property online. Sometimes the property is staged. Sometimes the property is empty. Sometimes the property is obviously still occupied. Has anyone correlated the stat...
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
Does anybody know how to evaluate neighborhoods that are not in your area?
JC
I'm a newbie in Michigan and property here requires, so far as I've been told, 13 months of prepaid taxes. I'm wondering if I should be figuring that into my cash in cash return since I will need to bring it to close,...
Open question to the wholesalers out there and people who work with wholesalers. If the deals wholesalers find are good, what's stopping them from doing the deals themselves? Is it safe to assume that wholesalers only...
Hello everyone! I am currently a college student going into my junior year of college. I have had a rough time picking a degree but I am now very interested in investing in real estate. I want to work for myself as op...
Hi all, I am new the REI world, but do have my RE license for about 7 years now. Really excited about investing and looking to get my feet wet. In the process of getting all my ducks in a row so I hopefully will be re...
I have an opportunity to purchase 2 multi family apartment buildings. 12 unit with 9% cap rate, $400K and ~$110 per door monthly cash8 unit with 10% cap rate, $300K and ~$110 per door monthly cashSeems to be after all...