Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
This will then allow me to do a sewer scope if/when the inspector finds a sign of a potential backup.
Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
My goals are small multifamily to financial freedom with potential to scale to large multifamily for great success.
Cesar Avila
Advice on Renovate and Buy vs. Upgrade and Sell
4 January 2025 | 1 reply
.• Use some equity from the sale to make this transition smoother.I’m torn between maintaining our current home as an asset and buying a new smaller house to use as a rental after we move back in versus simplifying and focusing on a single upgraded property Considering factors like market trends, potential equity growth, and quality of life, which path do you think would be most beneficial?
Jack B.
What are the rules for evicting ABNB guests?
18 December 2024 | 6 replies
Do that before you spend any energy trying to kick him out.If he hasn't paid rent, you can call the police and have him escorted from the property.
Eric Greenberg
Vermont vs Smoky Mountains
3 January 2025 | 0 replies
I understand Vermont has slightly more stringent regulations to contend with but it would also be closer for us geographically and thus potentially easier to manage.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.
Brett Lambert
CA Redwoods Property
30 December 2024 | 3 replies
As someone based in San Diego, I’ve also noticed that investors eyeing California real estate tend to focus on potential future development or expansion (especially if you have the patience to navigate local regs).
Josh Edelman
Las Vegas Market + News for December
5 January 2025 | 0 replies
Authorities are investigating this as a potential terrorist attack.