Woralak Bryant
Electricity shut off
30 July 2024 | 9 replies
Thanks for the words of encouragement; I'm not in the Chicago area; the property is in Bureau County.
Penny Malone
New Investor looking to do some great deals
26 July 2024 | 19 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
Ryan Zapoticky
Former bank property
24 July 2024 | 6 replies
One became an enterprise, one became a veterinary office, one got demo'd and had 10-15 townhomes built on the property, and there is one in my neighborhood that has been for lease for a couple years now and still vacant (not sure if the owner is really just land banking it, since he owns the adjacent property too, a former medical supply store).All that being said, I do not see this property as being something that will be easy or cheap to re-lease.
Mitch Conrad
Syndication vs Private Fund LLC
22 July 2024 | 22 replies
The Howey Test defines an investment contract (a type of security) as a transaction where a person invests money in a common enterprise and is led to expect profits solely from the efforts of others.
Michelle Fenn
Recommendations of Rent Collection Agency Ohio??
22 July 2024 | 2 replies
Buildium our property management software does not provide credit bureau reporting as service, despite request over many month from many of it's users.
David Charles Edwards
Selling rental properties and moving into Fixed income for early retirement
27 July 2024 | 108 replies
For better or worse - in other words, I make no judgement on the wisdom or strategy of Congress in structuring incentives this way - our government has decided that RE and a couple of other business strategies should be the lowest-taxed enterprises that can be attempted.
Jay Hinrichs
national rent control
22 July 2024 | 120 replies
Tax's are an interference with free market enterprise.
Kristen Haynes
National Real Estate Trends- as of July 19th
19 July 2024 | 0 replies
[Source: Census Bureau]TP: This increase in MF supply should help to keep rental rate increases in check, which should also be good news for “shelter” costs and overall inflation.A 5% cap on rental rate increases?
Kristen Haynes
Are interest rate cuts finally on the horizon? See the latest national housing stats!
15 July 2024 | 2 replies
[Bureau of Labor Statistics]Next came ADP’s employment report, where private (non-government) jobs growth slowed for the third straight month to +150,000 in June.
Tim Fode
Softening Rent Prices
14 July 2024 | 14 replies
Bureau of Labor Statistics (BLS), the CPI for shelter increased by 3.1% over the past 12 months ending May 2024.