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10 February 2025 | 47 replies
However I have used some of apifys scrapers (for non real estate uses) and was highly satisfied with the value for the price: https://apify.com/tri_angle/redfin-search It looks like it’s for listed properties only?
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2 February 2025 | 9 replies
I feel as though my home is priced too high, however, my property manager insists the price is competitive.
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10 February 2025 | 9 replies
I highly doubt many people have many a lot of money, because I have not really seen any in the FB group post things like...
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2 February 2025 | 1 reply
@Karolina Powell Just some high level thoughtsDeal #1:This is probably something I would only be interested in if there's equity to be had right off the bat or soonish.
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15 February 2025 | 17 replies
Short-term rentals (STRs) are highly regulated, particularly downtown, so areas like Mount Pleasant, James Island, and North Charleston may offer more flexibility.
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20 February 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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1 February 2025 | 23 replies
We own 3 other rental properties that have a 6.5%-7.5% APR, and no credit card debt or any other high interest debt to pay off.
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9 February 2025 | 32 replies
There are plenty of older homes on the market that do not have closets.You need 2 egresses (including 1 that goes outside) such as a door or window, size about 70sqft (local codes may differ), ceilings at least 7ft high, and it cannot be a walk-through passage.As always, your local codes may be different.
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24 February 2025 | 37 replies
Heres a general breakdown:1960s: ~5 -“7%1970s: ~7 - 11% (rising due to inflation)1980s: ~10 - 18% (peaking at 18-19% in 1981-1982 due to high inflation)1990s: ~7 - 10% (gradual decline)2000s: ~5 - 7% (lower due to economic stability)2010s: ~3 - 5% (record lows after the 2008 financial crisis)2020s: ~2.7 - 7.8% (historically low in 2021, then rising in 2022-2023 due to Fed rate hikes)Long-Term AverageOver the past 50 - 60 years, the average mortgage rate has been around 7 - 8%In short and IMO, due to fiat system.
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6 February 2025 | 4 replies
I paid about $1,500 for the installation of a high-quality 4-security-camera system, which can be monitored by both the tenants (and you!)