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27 December 2024 | 34 replies
I bought a 3 Bedroom SFH in Cahokia Heights, IL on April 2024 and it is STILL NOT RENTED TODAY.I bought for $79k convinced by the Section 8 mentor Tom Cruz to buy from his team and to focus on cashflow vs. appreciationI went through 3 contractors that all did a subpar job and just barely got it all togetherI haven't been able to find an appropriate Property Management team to help on this side of ILI have it listed for rent (Zillow, Turbotenant, Fb, Craigslist) for about 3-4 weeks now since repairs were done.If anyone has any suggestions to get this rented ASAP I would greatly appreciate it and any Property Management connections that can help would be amazing as well.Thank you all for your time and Happy Holidays & Happy New Year Ouch.
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31 December 2024 | 418 replies
They were tech guys who thought tech was the answer to underwriting real estate debt deals.
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16 December 2024 | 8 replies
I thought it would be funny to cite his book and then do an outrageously bad job of asking.
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23 December 2024 | 5 replies
I consider inventory rates, price trends, unemployment data, population growth, job growth all to be relevant to where a market is at and where a market is heading.
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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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8 January 2025 | 38 replies
If they were an employee of yours or a member of your team in a different business, would you dock their payroll if they made any mistake for you in their day-to-day job?
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31 December 2024 | 13 replies
I guess my challenge right now is to define the strategy and balance all the factors, such as job and population growth (value increase), cashflow (demand & supply market, interest rate, property tax, maintenance cost), and risk control (insurance etc).
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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.