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14 December 2024 | 9 replies
Should be good and very popular with buyers once we get to the Spring market.
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16 December 2024 | 3 replies
The challenge is knowing if the listing agent actually tells your offer to the seller or not.For example, if a distressed property is $650k and you want to offer $620k, the listing agent says the lowest the seller may accept is $645k, but is that actually true or made up because the listing agent wants their commission?
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19 December 2024 | 10 replies
Then use the extra roommate rent income to pay down your mortgage and look to refi to a lower payment in the future (3-5 years) - so it cashflow when you move out.You could also choose the smaller unit and STR the other unit to generate more cash to pay down your mortgage and refi, so it cashflows when you move out.Bottom line: you'll have to get creative to solve your cashflow challenge!
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19 December 2024 | 8 replies
The insights gained from these projects have validated our initial assumptions about cost savings and construction efficiency.Future Vision:We're now developing a complete senior community model that combines:Affordable container homesCommunity-focused designSustainable practicesScalable business modelInvestment Perspective:From my fund management experience, I see three key advantages:Lower capital requirements than traditional developmentFaster time to marketMultiple revenue streams (sales, community fees, services)I'm sharing this to start a discussion and get feedback from the BP community.Questions for discussion:What challenges do you see in this model?
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18 December 2024 | 8 replies
I eventually want to buy a house but I think as a novice this will give me some experience and the opportunity to learn the challenges that I will need to overcome once I do buy my property.
16 December 2024 | 5 replies
New built for starting out could be a bit challenging.
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16 December 2024 | 4 replies
That said, there's quite a few homes in that area that have that challenge (no driveway/street parking).
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12 December 2024 | 6 replies
As the popularity grows and people become more nomadic, I think we're going to see more and more of this.
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15 December 2024 | 2 replies
The challenge is, I’m not familiar with the local market—or the Mississippi market in general.Does anyone have insight into the market in this area or know of investors interested in properties in western Mississippi?