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29 December 2024 | 8 replies
Maybe she will sell for less, but I suspect you'll have to convince her that she benefits from the transaction somehow.Usually, a title company expects a written purchase and sale agreement first, before they will do a title report and they need to know the sales price in order to set the coverage.
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3 January 2025 | 8 replies
I believe that those who buy multifamily in late 2025 and early 2026 have a chance at amazing returns relative to most other asset classes over the back half of the 2020s.
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27 December 2024 | 22 replies
However, planes of that era couldn’t stay aloft on one engine for long, doubling the risk of crashing into the Atlantic Ocean without any added benefit.
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25 December 2024 | 12 replies
I’ll still try to answer the question: Pros of Kansas City for buy and hold small multifamily rentals: Hybrid market so you get some cash flow and some appreciation (con if you want only cash flow or only want appreciation) Inventory of 2, 4, and 5-50 MF buildings (not true of a lot of markets that only have SFH and very large complexes 100+ units)Relatively low property taxes, although check for the city and state you are in (e.g.
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24 December 2024 | 6 replies
If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!
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26 December 2024 | 4 replies
Also consider contacting houses that look vacant, simply door knocking in a neighborhood that you are interested in and talking to the homeowners in a genuine way, For Sale By Owners is another potential, using an App like Nextdoor or Facebook pages/groups related to local real estate and just telling the group what you are looking for, contractors also know about houses coming on the market soon and so do property management companies, and finally garage sales are a good way to find off-market properties as people prepare to sell.To Your Success!
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7 January 2025 | 27 replies
Given how the housing authority does their rent price determination on individual units, and government ran programs are never beacons of efficient processes, it can go either way.Note, the examples I speak of only relate to C-Class and below areas.
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30 December 2024 | 103 replies
But I wouldn't be surprised to see us settle in the low 6.00% range.I have some aggressive bets in stocks and long duration bonds that will benefit if/when that happens.
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26 December 2024 | 9 replies
The convenience and luxury of living alone is worth it to some for the benefits.
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24 December 2024 | 5 replies
(currently I have been sending my investors a 7 question survey to fill out for their criteria)My goal is to build genuine, long-term relationships with investors by creating opportunities that benefit everyone involved.