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2 May 2024 | 9 replies
My other rental people ask for a lower price and I meet in the middle.
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2 May 2024 | 20 replies
Appreciation is just the cherry on top.The last few years Toledo somewhat caught up with appreciation but I believe we are capped now.It's a slow moving market and always behind the rest of the country.There is just not enough demand/infrastructure growth like in other markets to support continued appreciation.Historical data shows the Toledo market appreciating at the pace of inflation which is nothing to brag about hehe.IMO, it's a cashflow play and you should consider building a larger portfolio because it will be safer.Owning 1-2 properties can be a "hit and a miss" and really not the providers or PM's fault.There is a high likelihood of turnover so it's important to build a larger portfolio.If you experience "drama" on 1 or 2 properties, the other 4-5 are performing and can subsidize any losses incurred on the few that temporarily aren't performing.Wishing you much success
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2 May 2024 | 4 replies
It's somewhere in the middle.
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3 May 2024 | 35 replies
Income not keeping pace with housing prices will be a huge factor for multi-generational house holds & house hacking.
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1 May 2024 | 4 replies
I would recommend joining Pace's Subto mentorship right away.
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3 May 2024 | 25 replies
If you really want to purchase out of state, try to purchase without selling this property because it would be a shame to sell an asset in a prime location in exchange for a secondary or tertiary market in the middle of nowhere.In the long run your overall appreciation and cashflow will be higher than just about any market you decide to go to.
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1 May 2024 | 2 replies
Hi all, I'm new to the forums and open to feedback/advice on building/investing in Western NC.Some background on me, I've Lived-In rehabbed and made decent returns on 8 houses (lost most of it in a old divorce so in the middle of a restart to try to actually retire in the next 10-15 yrs).
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30 April 2024 | 0 replies
Wholesale deal, it was extremely fast paced and had to move quickly on securing the HML and acquiring the funds needed to close.
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8 May 2024 | 112 replies
I'm also sorry that we let you down mate.God Bless 🙏Engelo,Thank you for the kind words, and I'm glad I can help out a fellow small business owner.For the record, I grew up in a lower-middle class family and I can confidently say that no one would accuse me of having grown up with a silver spoon in my mouth.
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1 May 2024 | 11 replies
Saying yes to their request can/will put you in the middle of any financial disagreements between the two of them.