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8 January 2025 | 7 replies
The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.
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11 January 2025 | 11 replies
Note: We do 50+ investment property loans a month and the most important thing I tell BUYERS of properties being sold as or soon to be STR is make sure you are paying the market price per square foot and do NOT buy based on income approach/CAP rate.
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15 January 2025 | 9 replies
I don't know CLE per se (I'm based in STL), but I know the financial side of gut rehabs in urban centers of big cities.
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7 February 2025 | 13 replies
Here’s what the list said: Stay at Corporate Job: Consistent paycheckHealthcare$100,000 base payLess pressureQuit Job, Real Estate Full Time: FulfillmentUnlimited earning potentialMake my own scheduleBe my own bossWork from anywhereFocus on building family empireWhen I stepped back and looked at what I was leaving behind, it was crystal clear, I needed to leave my comfort zone.
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29 December 2024 | 2 replies
Hi all! Excited to join the BP community.
About myself - I am a principal of a RE development company and co-founder of an proptech company.
On the RE side - I own/developed 2,000 residential units across the Unite...
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10 January 2025 | 8 replies
The already-constructed home is one point on the base of the triangle, and the other plots comprise the rest.
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10 February 2025 | 59 replies
I have a 100 unit portfolio based in Louisville and Lexington KY mixed between SFH, and 4-8 unit apts.Biggest help for me was their ability to insure closer to the purchase price instead of replacement cost. the team is great and I’ve been happy with the claims process.
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12 January 2025 | 28 replies
I love algorithm based cost seg studies.
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16 January 2025 | 1 reply
Permit eligibility is based on region (usually the west side of town) and density (quantity of surrounding STR's in the area) as well as percentage of landscaping and minimum parking requirements.
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11 January 2025 | 5 replies
Based on this article (https://www.thebaltimorebanner.com/community/housing/baltimo...) it looks like that out of 41,000 tax lien sales, 1,750 were foreclosed on.