7 March 2020 | 3 replies
They all have data exchange ageeements with the various mls’.
1 March 2020 | 10 replies
Purchase Price: $445,000 (Currently listed price)2 Units, 3/2 Each2066 sqftAmount Down: 3.5% [FHA] (I know this analysis doesn’t include me living there).Rules of Thumb: [From the book on rental property investing]2% Rule Test: .79% ($3500 rental income / $445000 purchase price)In areas like central Austin Texas it seems impossible to get a high % here.50% Rule: $1750 ($3500 rental income / 2)Est.
3 March 2020 | 6 replies
I had to laugh that they did a lead dust test at the most recent house of mine that they inspected... which was built in 1991.
4 March 2020 | 16 replies
There are 1000 different things involved but that is my first litmus test when scoping out a new area in a market everything else comes next to that.Have patience and the deal will come!
3 March 2020 | 19 replies
Absolutely, you should take into account all data points.
6 March 2020 | 6 replies
HUD will run a market and affordability test that must pass for approval.I recommend starting small if you like your tenants.
11 March 2020 | 6 replies
Being that SC is a closed state, I'm curious how one would procure this data?
11 March 2020 | 12 replies
Learn how to conduct and track split tests, write compelling copy, how to use headlines and CTA's on your creative that will improve conversions.Another big point is: Never spend a dollar you can't track the results of.Our conversions started going up very fast once we understood that being in real estate means you need to also be an expert at reaching people i.e. marketing/branding... this made the biggest difference in our business.
6 March 2020 | 5 replies
to get an idea of how deals are found and how different types of deals are structured and financed.In my day job, I'm a Business Systems Analyst, so numbers, processes, and working with data come naturally to me.
11 July 2022 | 17 replies
The only problem it is still the beginning of the year and the new laws have not been really tested in CA as gar as number of applications and speed of approval.