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12 January 2025 | 6 replies
Experience Purchasing from Non-ProfitsPurchasing property from non-profit organizations often involves additional considerations compared to typical transactions:Decision-making process: Non-profits often have a board or committee that must approve property sales.
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12 January 2025 | 10 replies
The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.
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16 January 2025 | 4 replies
What happens to the 'comparable value' if the area is uninhabitable or a community that won't return for years?
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17 January 2025 | 20 replies
Multifamily properties do require more management overall and typically appeal to a smaller, investor-focused buyer pool.At my stage, I prefer small MFH over anything else because of the stronger cash flow, scalability, and the more forgiving capex compared to larger MFH, but the best option depends on your goals and strategy.
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15 January 2025 | 10 replies
There are plenty of deals in Philly on and off-market from wholesalers, who are pretty decent in Philly compared to other places.You will need to get your GC license here and learn the permitting process and necessity here as well.
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13 January 2025 | 16 replies
Apparently, because rates increased here so astronomically in the last 2 years, the insurance industry believes their numbers are correct with the risk.If you have the correct coverage @Marc Shin, you should be covered (although you should also have budgeted or baked-in costs for minor issues/damage).
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8 January 2025 | 5 replies
You look for comparable sales for other distressed properties that are similar and nearby and also counter that with finished version comps so you can see what your perceived spread could be.
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11 January 2025 | 7 replies
Properties are sitting on market for a bit longer now that supply is slowly creeping back up. 50 days isn't too terrible compared to the greater PHX area.
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11 January 2025 | 15 replies
there are ways to get around the highest and you also need to take into account the savings you will generally have on the purchase side when compared to other regions.
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21 January 2025 | 19 replies
and for sure I would think BP charges sponsors to advertise on the forum just like they charge to advertise on this forumthey are having some sort of event and the guest I saw were Brian Burke ( top shelf ) and Jeremy Roll ( another wickedly smart dude) compared to the guru trainers who I really dont know much are anything about so cant comment on them.