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24 December 2024 | 2 replies
Home prices will likely vary by region, with modest increases in areas of high demand and stable job markets, while others may stabilize or decline.
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25 December 2024 | 12 replies
A tenant lost his job at the same time as his wife, I met with them and found out they had family in Atlanta thay could move in with, but didn't have the money to get there.
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30 December 2024 | 20 replies
You can tell who is actually passionate about their job and passionate about the market usually pretty quickly.
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26 December 2024 | 10 replies
Martin the property management argument isn't really an argument if you look at the bigger picture that most investors don't want to manage their properties anyways because they are spending most of the time on their main job.
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26 December 2024 | 8 replies
You have to be an active manager and many current owners are not wanting a second job and are selling.
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9 January 2025 | 46 replies
Enforcement comes after the job is done.. you screw it up your going to get fined..
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23 December 2024 | 15 replies
The potential liability from having someone do a job they are not licensed to do far outweighs the cost-benefit.
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5 January 2025 | 39 replies
@Damon AlbersSounds like these properties are in a class c area and your manager is not doing a good job vetting themBut this is not out of ordinary for c class rentals which is why people look at cash flow and be like wow but one $5000 bill can wipe out 4-6 months of rental income and properties never make money and rarely appreciateThis is why we do not do lower class rentals as stated cash flow vs reality are typically not close
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23 December 2024 | 5 replies
If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.
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29 December 2024 | 15 replies
Ben Russell has done an excellent job of covering differences in the lease.