Philip Anderson
New Member Looking to invest in a Multi-family
14 November 2024 | 21 replies
Here are a few tips that might help as you get started:Market Analysis: Since you're open to out-of-state investing, look for markets with steady population growth, job diversity, and a balance between rent prices and local wages—those factors often hint at stability and demand.
Mitchell Coles
Prime Center City Gem: High-Yield Investment on Locust Street
10 November 2024 | 0 replies
Investing in this property on Locust Street in Philadelphia, PA, was driven by its prime location in Center City, offering proximity to cultural landmarks, business hubs, and vibrant city life.
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
Their familiarity with the local market and diverse financial products could be beneficial.Huntington Bank: With a significant presence in Ohio, Huntington Bank provides various commercial banking solutions and has a history of working with business clients, including those with complex ownership structures.PNC Bank: As a major regional bank, PNC offers comprehensive commercial banking services and has experience dealing with corporate clients, which may align with your fund's requirements.It's advisable to contact these banks directly to discuss your specific needs and assess their ability to accommodate your investment structure without personal guarantees.
Elisamuel Cruz
New investor Here!!!
11 November 2024 | 10 replies
We live in a very intersting, diverse, and complicated market and understanding the intricacies is very important - especially for a new investor.Markets in the same zip code even have their own submarket and tendancies depending on location and its important to look at things hyperlocally in philly.
Sharad Bagri
Columbus and Dayton, Ohio—B or C+ Neighborhoods, where are they?
9 November 2024 | 8 replies
Hey @Sharad Bagri,For cash-flowing small multifamily rentals in Columbus and Dayton, consider these areas:In Columbus:* Northland: Diverse community with solid investment potential.* Southeast Columbus: Dense suburban feel, popular with families and young professionals.* Old North Columbus: Urban-suburban mix, appealing to young professionals.In Dayton:* Patterson Park: Well-maintained with a strong community vibe.* Northridge Estates: Suburban area with various amenities, ideal for renters.* Walnut Hills: Quiet and community-oriented, great for rental stability.Areas to Approach with Caution:* Columbus: Some sections of Hilltop and Linden due to higher crime rates.* Dayton: Certain parts of West Dayton, which face economic challenges.Focusing on due diligence in these neighborhoods can help you identify stable, cash-flowing opportunities.
Kent Ford
How Important is Location for Success in the Texas Real Estate Market?
7 November 2024 | 9 replies
Texas offers a diverse real estate market, from the tech-heavy Austin area to the sprawling suburbs of Dallas and the oil-rich Houston market.
Kent Ford
Creative Solutions to Texas Housing Affordability: Which Approach Works Best?
6 November 2024 | 5 replies
While subsidies and other initiatives have their merits, I genuinely believe that adjusting zoning laws to encourage diverse housing options could have the biggest impact across Texas.If you're ever interested in discussing this further or exploring investment opportunities in Austin or even Phoenix, feel free to reach out.
Sean Hourigan
Multifamily investor in Philadelphia PA
8 November 2024 | 5 replies
For both short- and mid-term investors, the market's diversity and relatively lower entry costs make it an attractive option.FYI - Philadelphia has a tenant-friendly legal environment, which can present certain challenges for landlords
Drago Stanimirovic
Exploring States with Minimal Seasonality for Real Estate Investing
5 November 2024 | 1 reply
Cities like Miami, Tampa, and Orlando offer diverse opportunities, from luxury properties to short-term rentals.While demand peaks during winter, when northern residents flock south, the state experiences fewer slowdowns in the real estate cycle.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
Given our diverse economy of both commodities and tech, I think we will do fine if the world decides to go multi polar or even isolatonist.