Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
Many of your main TV companies won't pay a claim on a property vacant for more than 30 days.8) Renters Insurance: how are you going to get S8 tenant, who qualified for the program via a string of bad financial decisions, to pay for it?
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
it will show you how many times it was sold and how much they made (usually millions)Hi Laura, would you please recommend a dependable service who would produce accurate, high quality, court-ready documents?
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
This is bad math, once most people factor in their income tax bracket.
Paola Astrid
Newark NJ Property Management s8
26 December 2024 | 5 replies
If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
Yes, there are many out there that do it and nothing bad has ever happened, and I say kudos to that, I just would never do that.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
Unless your Warren from Omaha you have zero control over how good or bad those companies are run.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
Are their listings detailed with good-quality photos?
Joe Cal
Team exit questions
30 December 2024 | 0 replies
The experience was really bad as I was getting 1-2 year old leads to cold call that I knew had a 0% success rate and I do much better generating leads organically on my own.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.