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11 December 2024 | 2 replies
I'm new here and I have spent a couple of years studying real estate investing strategies.
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9 December 2024 | 15 replies
Not sure what the process is like there but compared to NY, it is a faster process.We just toured an occupied 4-family in NY today with a client and the eviction process for those tenants commenced not long ago (within the last couple of weeks).
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20 December 2024 | 20 replies
This is because value-add properties, especially those built in the 1960s to 1980s, typically take a couple of years to stabilize, particularly in today’s market conditions.
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12 December 2024 | 3 replies
Do I just do my normal routine, follow up after a couple days if I don’t hear anything?
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17 December 2024 | 12 replies
My mindset switch over the last couple years has been incredible and I don't just think that I'm going to achieve FF through real estate and personal finance, I know so.
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14 December 2024 | 7 replies
I’m exploring the option of selling these notes and would love to get your insights on a couple of key points:Pricing Expectations:How much of the total principal should I reasonably expect to receive when selling these notes?
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17 December 2024 | 0 replies
The setup for a bullish Spring real estate season is palpable.Let’s get into it.Project Update: North Nashville Duplex Construction has begun on a cozy duplex I picked up in North Nashville a couple months ago, a lovely little transitioning neighborhood just an 8-min Uber to downtown (yes “cozy” is real estate parlance for small, but it will be cozy!).
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4 December 2024 | 7 replies
I’m brand new here, got the recommendation to join this site through a book I listened to on the way to work today.
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9 December 2024 | 16 replies
I'm Maria J from New Jersey, passionate about real estate investing for a couple months now.
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10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊