Hi guys! I've been doing SFR's and small multi's (2-4 units) in Alabama, Michigan, Indiana, and Ohio, and am now looking into South Carolina.On cursory glance, it looks like deals are tough to come by in Greenville. ...
I manage about 250 units in a college town, twice a year anywhere from 70 to 120 units turnover. It doesn't matter how much time I spend preparing, charges get missed and parts are installed without approval or in th...
I am hearing a lot about using credit financing for new investments in the event your credit score isn't shining. I am interested in the concept, but am hesitant to go further with this, as the risks seem quite high. ...
The past few weeks I've written about a looming window of opportunity for investors to revaluate and re-engage the real estate market as winter has taken full effect and the rise in rates late last year dissuaded many...
When using a Hard Money Lender, what types of expenses will they typically cover? Real Estate Attorney costs, Architect, Builder, Engineer, Permits, Licensing, unforeseen expenses and fees, ect. What else am I missin...
As a real estate investor, I understand the importance of budgeting a cushion for unexpected additional costs when planning a rehab project. In my experience, the actual rehab cost is always more than what I initially...
I would like to ask about funding a deal and the order in which it's been said you should approach it.This is what I heard from one source: FIND, FUND, FIX, EXIT. Seems to me if you go find the property first, that's ...
Has anyone ever started out with any strategy on credit only? This is not part of my plan but has it worked for you? I know cash flow is the most important thing when 100% financed. What are some other numbers I need ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $284,000
Cash invested: $20,350
Sale price: $435,000
Contributors:
Peter Vekselman
Partner Driv...
Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...