If you're BRRRR'ing a property you always have renovation work - but what if you're buying Turnkey? You've got the extra capital to invest and want to trade that for less work up front - so how much rehab should you expect on a Turnkey purchase?
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It's clear that COVID has altered the market substantially, and in many ways, irreversibly. We've seen the sharp decline of commercial property value, increase of remote work, and growth of tech-based companies to name a few. But, is should be know:
With the foreclosure moratorium in place, the impacts of COVID on the residential real estate market have not been eliminated - they have simply been delayed. With the federal government attempting to give homeowners time to straighten out their financial positions, the sad reality is that many of them either can't or won't be able to adjust in time. This exposes a significant opportunity for new and experienced real estate investors alike.
Real estate investors should expect a tidal wave of below market properties and flood of renters to the market as the foreclosure moratoriums wear off. With the likelihood of the moratorium ending s...
I get asked this question frequently - and yet - I don't get asked this question nearly enough. Most people assume that to be a real estate investor, you have to start with lots of money. The good news:
You can invest in real estate even if weren't born with a silver spoon in your mouth. How, you ask? Here are the 6 steps to buying a house with $0.
Normally you'd need 20% down to buy an investment property. But at some point that model doesn't scale. Even if you're in a market with properties at a median price of $100,000 you would still have to come to closing with $20,000 + Closing Costs. It's far too much to build a portfolio that allows you to reach financial independence. Where do you start?
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