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2 January 2025 | 19 replies
Quote from @Brandon Croucier: No need to be paying an upfront fee to a lender.As a lender it is our job to perform or we do not get paid.
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30 December 2024 | 12 replies
This agreement is just like a listing agreement when you go list a home, you are hiring the right person for the job, so this is the same type of contract, but this person is hired to find you the right home.
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13 January 2025 | 30 replies
I've been a broker dealing exclusively with multi family property over the last 20 years.Landlording is a tough job.
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29 December 2024 | 24 replies
I do relatively well in my day job by today's standards but my hourly rate for self managing is closer to that of a surgeon.
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31 December 2024 | 20 replies
The government has tried it with section 8 and rent control in some cities , we all know the end result .You would be better off starting a jobs program teaching the trades , educating them on finances and work ethic and then rebuilding abandoned properties for them to buy
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2 January 2025 | 32 replies
I agree that DealCheck (or the BP calculator) does not provide enough tools or functionality to analyze those types of transactions (yet).But I would argue that it does a great job at analyzing more traditional buy & hold SFRs and multi-families, as well as flips and rehab projects.
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29 December 2024 | 8 replies
Also, what niche jobs in real estate (Agents, appraisers, house inspectors, lendors, ect.) are going to be replaced eventually?
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11 January 2025 | 12 replies
Thanks to God I have a well paying job and plan to use that income for any issues that may arise like vacancy or maintenance expenses.
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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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30 December 2024 | 3 replies
You may also want to check the Columbus OH market - great macroeconomics with lots of job and population growth along with major companies developing here that drive strong rental demand.