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7 July 2024 | 7 replies
Would love any advice on promising markets, as well as markets to stay away from the rest of 2024.
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10 July 2024 | 112 replies
Taking on heavy debt with a negative cash flow on the promise of future appreciation doesn't work for me.
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7 July 2024 | 11 replies
Some are known to even use fake lawyer letters to send threats.
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10 July 2024 | 87 replies
I promise you will find them if you just type in discount realtors.
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6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.
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4 July 2024 | 12 replies
I have identified a promising property that has great potential for a successful flip.
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7 July 2024 | 42 replies
@Scott Trench Kevin was removed by Bigger Pockets some time back, he had other complaints on other threads.It is easy to fake being something online.
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3 July 2024 | 40 replies
I AM NOT SURE HOW THEY CAN "FAKE" THAT.
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4 July 2024 | 11 replies
We feel like this gives us a pretty good background to start, but by no means do we think we know everything we need to yet.The area around UCF has improved quite a bit in the last 10 years and home prices have risen considerably, but it seems like there are still some promising areas to find deals.
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3 July 2024 | 6 replies
However, I did not get most of what was promised AND they charged me after I canceled before the trial period was over.