Adam Sherwood
Duplex House Hack
5 February 2025 | 2 replies
@Abel Curiel, When I first drove by this property in my initial search it caught my eye...out of the 100 or so properties i had on my initial list this is the only one that I had memorized the address of.
Benjamin Carver
Raleigh-Durham 2025 Real Estate Market Outlook
24 January 2025 | 1 reply
All 3 cities show a 7-11% decrease in home sale counts over the 2017-2019 average, so we still have plenty of catching up to do in terms of housing supply - much harder to do when you're growing fast.Durham and Charlotte are set to make large strides toward that goal - but Raleigh is barely budging.
Jesse Simmons
Creative financing options for distressed property
3 February 2025 | 3 replies
Real-estate Rookie here, I am going to try to make this as concise at possible.There is a mixed commercial unit for sale in my market that I have had my eye on for awhile.
Richard Rafferty
Multifamily Owner Working On First Syndication
6 February 2025 | 8 replies
Admittedly, I am not one that typically finds paid mentorship very valuable, but I also respect that my degree is in business with a focus on real estate, and my first job out of college was in real estate (so it is a little hard for me to take my 20 yrs of knowledge and rewind it to try to view mentors from a completely fresh lens).A couple points: I view mentors, especially these expensive ones as a catch-22.
Neil Narayan
2024’s hottest ZIP codes and hidden gems
27 January 2025 | 9 replies
I don't know about other areas in TX, but I keep a close eye on Austin-SAN corridor, and I'm familiar with the market in Kyle, New Braunfels and NE San Antonio.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
I have done my research but at the end of the day, I am looking for what locals are seeing with their own eyes happening to the Akron market.
Dominic Diguglielmo
Very short sale.
16 January 2025 | 1 reply
Seeing a wave and catching it can be very beneficial.
Joel Betances
First time landlording help
30 January 2025 | 4 replies
I would recommend getting a property manager there because you want someone who can keep an eye on your place for you.
Christian Houston-Floyd
New Investor, buy and hold residential single family rentals
1 February 2025 | 11 replies
Glad you made your way here.. are you eyeing long-term rentals or short-term flips?
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?