
21 October 2024 | 4 replies
Hi Chris,Great to see that you've immersed yourself in learning and are gearing up to take action.

20 October 2024 | 8 replies
Take your time, do your research, and don't hesitate to reach out if you need more specific guidance.

21 October 2024 | 0 replies
Everyone was saying things like "I'm waiting for the market to crash" but I decided to take the leap.

21 October 2024 | 4 replies
If they didn't give you this they broke the law and you could take them to court if that's your thing.

21 October 2024 | 16 replies
There could be significant liens against it which could take precedent over yours if they are superior.

21 October 2024 | 23 replies
Take it from someone who has lived there for 20 years.
21 October 2024 | 4 replies
Expenses that don’t go up as fast take less of a bite as the ARV increases, leaving more room to (slightly) increase the purchase price plus rehab limit to 75% of ARV.We use this rule of thumb for screening, but always create a spreadsheet to estimate all expenses and run a P&L in detail for comparison.

21 October 2024 | 5 replies
I am only saying that to set up your expectation that it might take a bit longer that it would have a few years ago.
21 October 2024 | 1 reply
Additionally, a lender may require you to take out homeowners and landlord insurance.

21 October 2024 | 18 replies
think about how long it will take to recoup all the costs i just mentioned.if you want day 1 cash flow... open a savings account.i say this not to discourage you but to help set expectations.Nicholas is spot on.