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28 October 2024 | 30 replies
For a company our size, we were told more like 1-2 months of due diligence and 1 month of staying on, but we have nothing to truly compare that to in the "real world".
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23 October 2024 | 3 replies
I think the top factors are type of home (comparing single family to apartment is no longer done), overall size, and interior features like central AC, approximate age of renovation, etc.
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24 October 2024 | 29 replies
I just sent them a larger list with a bigger size to test again and if it returns as bad as the first time, I'd be looking for a new company.
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23 October 2024 | 5 replies
In general, make sure you ALWAYS verify stable employment AND income.
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23 October 2024 | 5 replies
For starters it can be more difficult to find comps as there are often less multi fam trading than SFR of the same size and count.
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21 October 2024 | 2 replies
This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.
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23 October 2024 | 4 replies
Depending on the size of the discount when the note was purchased, this often resulted in a 5- - 100% increase in ROI.
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23 October 2024 | 8 replies
Build self-employment by leveraging real estate activities, staying financially prepared, and transitioning to business after generating cash flow.Good luck!
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24 October 2024 | 10 replies
The trouble I keep finding with this is that I am self employed now, they probably will ask for 2 years of proof of income as a self/business owner, right?
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25 October 2024 | 23 replies
Scranton PA is a great spot to invest.Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.