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3 January 2025 | 7 replies
Climate control usually not enough market in a C market to justify.6.
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2 January 2025 | 11 replies
I’ve learned through experience that if a renovation will take several weeks or months to complete, it’s usually better to hire contractors.
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31 December 2024 | 97 replies
Josh its usually the buyers agent who sends the mutual release when the buyer wants to cancel not the listing agent..
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29 December 2024 | 15 replies
That's quoted from the listing description.
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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31 December 2024 | 6 replies
Usually, when it comes to caretaking your money, you will get your best recommendations from other real estate investors.
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29 December 2024 | 3 replies
@Mitchel Johnson Welcome to BP and I wish you the best in investing..Usually people start by going to local meetups and building a network of trusted people to get their feet wetHere is an examplehttps://www.meetup.com/find/?
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16 January 2025 | 23 replies
It's a balance of cashflow and wealth accumulation.One of the goals is to have tenants pay as much of your cost-of-ownership as possible (loans, taxes, insurance, etc.)In high-cost areas, any Class A or B property you buy will usually negative cashflow for the first 3-5 years, until rents rise enough to cover the negative cashflow + rising taxes & insurance.Investing OOS increases your risks because you may not know the market and you can't check on everything/everyone all the time.If you move forward with your buddies, HIGHLY recommend creating a solid Partnership Agreement!
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15 January 2025 | 24 replies
In my opinion, the best place to invest is where you have the best advantage which is usually an area you know best or a place where you have great connectings!
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2 January 2025 | 16 replies
You can also usually count on rents increasing enough in around 5 years, so that you do cashflow.Of course you have to watch out for over-leveraging and going bust!