27 April 2019 | 3 replies
Normally the turn-key companies collaborate with local providers and contractors. when talking about signing the purchasing contract, the parties on the contract would be only the investors and local provider, rather than the turn-key companies.
28 April 2019 | 9 replies
Big problems in houses can actually translate to big potential for the more experienced, but don't be afraid to take an "OK" deal that you know you can handle, build the confidence, and take on a bigger project on #2.
2 May 2019 | 2 replies
My wife is a stay at home mom and very hands on and very capable of managing the project. b) I'm looking for deals around 75-100k, put 50k in them, and t hen sell for 175k-200k.b) I have multiple small IRA but none of them by themselves large enough to do the entire deal.
26 April 2019 | 4 replies
This raised our projections and my realtor proved to be right with his suggested list of 129,900.
26 April 2019 | 0 replies
The family got money in their pocket, we made a nice profit, the wholesale company made a nice profit and the end buyer got a new project to flip.
26 April 2019 | 0 replies
You fill out a form send in some pictures, they keep a fee and they buy your house.Meeting a defined goal is how you determine you are successful.Dean defines success as:Free time – when I am in complete control of my time and can do whatever I wantWhen passive revenue exceeds lifestyle needsWorking on projects that excite meNot knowing is scary, especially when it’s your money on the line.
26 April 2019 | 1 reply
BP has a spreadsheet or two I believe that will help you out.Might be hard to project IRR for a start-up to do an apples to apples comparison....Also don't forget the transaction costs to dispose of the property in your calc (selling costs).
21 March 2019 | 8 replies
We managed to gather 40K in cash for this project and have access to a lot more (Friends and Family money)We want to start BRRRR in the USA.But we need so much help with it.We are willing for different kind of scenarios.
30 December 2018 | 10 replies
Last night after a long day of work and trying to buy a couple Christmas gifts for the kids (I am so behind) I got emailing/texting my property manager about an idea to leverage some staging I did at my apartments into a full on furnished corporate rental option....simultaneously I was emailing back and forth with my contractor about our rehab project....while simultaneously updating my website, tracking invoices, preparing financials for my CPA....and eventually at 12:30am I threw in the towel on getting up at 5am to get my run in (also training for my 23rd marathon).
11 November 2019 | 13 replies
This definitely wouldn’t help...but they had accumulated quite some debt from the revitalization project, it seems