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3 January 2025 | 3 replies
I started my professional career in medical device sales and still do that full-time.
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1 January 2025 | 12 replies
The title company takes the funds from the sale, and then pays off those liens and clears them.
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9 January 2025 | 21 replies
Information including but not limited to: - Median Sale prices for different property types (SFR, MFR, Condo/HOA, etc.)- Average days on market- Absorption rate- Historical data on rents and sale prices in the area- Population growth- Main economic drivers (industries, individual companies, etc.)- Crime stats... if you know specific zip codes/submarkets that you'd like to target, the best data will come from local precincts. - and more..I'd recommend remaining active not only here on BiggerPockets, but in other valuable RE investment networks that you can find - i.e. local meetups (meetup.com, eventbrite, BP local events).
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3 January 2025 | 2 replies
In terms of selling a property, parts of Cleveland require a POS (Point of Sale) Inpsection, but I'm not too familiar with what all that entails.
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3 January 2025 | 5 replies
Comparable property sales do not affect the depreciation basis, which is determined by actual purchase and improvement costs.
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30 December 2024 | 14 replies
I asked them, what do you usually short sale properties at %?
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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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3 January 2025 | 18 replies
If I rent it out, I'll be hiring a property manager because I don't want to deal with trying to manage it from out of state.Some numbers:Purchased with 0% down VA loanPurchase Price: 189KMortgage: 172KRate: 2.25%4 Bed / 2.5 Bath~2400sq/ftBuilt in 1992Zillow Sales Estimate: 280KZillow Rent Estimate: 2,100/moRoof and AC are less than 10 years old.
31 December 2024 | 2 replies
The median sales price in the area is $265k.
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12 January 2025 | 23 replies
@Sean Gallagher not a sales pitch, but this is what we provide for investors in Metro Detroit:)Understand that if you hire the latest & greatest PMC, many grow using poorly trained VA's. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.