Is it the same as flipping homes to an investor who will then sell that same property to someone else at retail price? We use the wholesale formula to get our offer price to the seller. Then we flip property over to e...
I've been searching for my first house hack property here in Binghamton NY for over a year now through the traditional realtor/MLS and have had little luck. In my frustration, I've begun to explore the direct mail mar...
A friend here in SoCal called me today about what she called a "title problem". She is in the middle of a refinance on her multi-unit. The lender gets a title report and says that there is already a mortgage, in fir...
Has anyone used a service provided by the U.S Postal Service called Every Door DirectMail?
If so how effective was it?
I'm interested to know how most of you purchase your SF or MF homes used as rentals. Are you buying them under one business name of a real estate company you set up? Separate LLC's? Single LLC? I have 3 properties...
I thought I would share this with all the Michigan buy and hold investors. For those of you buying and rehabbing distressed properties for long term holds, in West Michigan, Grand Rapids, Lansing, East Lansing, Detr...
How much does snow removal on properties in Chicago, IL.
Hello,Here are the numbers:ARV: $150,000 (Verified by a licensed Appraiser)Repair Costs: $15,000Purchase Cost: 1% $1,500Holding Costs: 3% $4,500Sales Costs 3% $4,500Profit 20% $30,000Fudge Factor 4% 6,000I'm getting ...
Does anyone have an example of a prospecting letter to use for direct mail marking? The target would be multifamily properties.
Okay, so I'm driving for dollars and compiling my own DM list but it's slow and it's going against my personality type. I like results, I like to know that I'm making progress and I've been compiling this list from my...