Borrowing Money for Your First Real Estate Deal & How to Raise Rents

Поделиться
HTML-код
  • Опубликовано: 5 дек 2024

Комментарии • 23

  • @JevonMusicGroup
    @JevonMusicGroup 14 часов назад +1

    11:52 Price, condition, and marketing... absolutely. But also location.

  • @jalabi99
    @jalabi99 16 часов назад

    22:09 Take the property's ARV, subtract expenses (closing costs + holding costs + commissions), then subtract the desired profit. That will be your maximum allowable offer.
    Closing costs are around 5K to 10K.
    Holding costs are around 1K to 2K per month, times the number of months it will take to do the flip.
    Desired profit is usually the same amount paid for the rehab.

  • @justinproffitt6149
    @justinproffitt6149 День назад +1

    Good episode fellas! i learned some landlording tips. I have a rental property that I leased out on Feb 1st and yes trying to turn a property over Nov-January sucks. I just proposed a 6 month lease to my tenants tonight.

  • @investorfriendlycpa
    @investorfriendlycpa 23 часа назад

    Great insights as always! Keep the valuable advice coming!

  • @thomaskreiling3045
    @thomaskreiling3045 День назад +1

    Enjoyed this one

  • @aprilvancleve9463
    @aprilvancleve9463 День назад

    "9 out of 9"... I'm going to start using that! Lol
    Thanks for the answers and the chat as always. I appreciate you sharing your knowledge.

  • @marcburden9832
    @marcburden9832 День назад

    Is it just me or did you never answer "if the deal goes bad" part? The rest of the video was excellent!

  • @MaximinaCaudle
    @MaximinaCaudle День назад +1

    nobody talks about the ebook How To Print Money for Moms by Mrs. J, but it’s the best guide for moms wanting more financial freedom

  • @ARTUROWaite
    @ARTUROWaite День назад

    if you’re a mom looking for answers, read the ebook How To Print Money for Moms by Mrs. J-it’s exactly what you need

  • @EDUARDOAaron-l8w
    @EDUARDOAaron-l8w День назад

    why stick to guessing when the ebook How To Print Money for Moms shows step-by-step how to boost your finances

  • @WallStreetIceCream
    @WallStreetIceCream День назад

    I have good credit need capital how can i tap into OPM

  • @Caribbean_King
    @Caribbean_King День назад

    Comment of the century! ⬅️

  • @omarmagallanes4738
    @omarmagallanes4738 День назад

    Did u permanently move to Europe?

  • @sandraavalos9501
    @sandraavalos9501 День назад +3

    Guys, denying a loan to first time flippers is hypocritical, how is anyone going to have experience if everyone denies them an opportunity! my humble opinion,

    • @aprilvancleve9463
      @aprilvancleve9463 День назад

      I've been saving for a first time flip for a very long time. It's a years-long uphill battle but I am determined to get there! I wouldn't want to borrow private money at this time because I know I'm risky.

    • @mikesilva8961
      @mikesilva8961 19 часов назад

      I’m struggling with that now if think if you partner up with someone that will count towards experience

    • @chriseddie2245
      @chriseddie2245 17 часов назад

      Would you lend money to someone who had no experience flipping?

    • @aprilvancleve9463
      @aprilvancleve9463 9 часов назад

      @@chriseddie2245 Not unless they were family or very close friends... Even then I don't like mixing business and family.

  • @RikRule
    @RikRule День назад +1

    First comment !

  • @NOBLEHTX
    @NOBLEHTX День назад +1

    Second comment!
    😮

  • @chasedavis7943
    @chasedavis7943 День назад

    Comment of the millennium! 🎉

  • @OLLIEOxendine
    @OLLIEOxendine День назад

    this is fine and all, but the ebook How To Print Money for Moms gives real, practical solutions for busy moms

  • @ErnestinaLarios-j1n
    @ErnestinaLarios-j1n День назад +68

    why stick to guessing when the ebook How To Print Money for Moms shows step-by-step how to boost your finances