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28 May 2024 | 1 reply
Generally speaking an investor collects rental income and signs a lease with a tenant whereas a flipper or developer shows "inventory held for sale" on their books and gets all of their economics derived from a SALE.
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28 May 2024 | 7 replies
Examine the causes of the vacancy, including any new developments or economic influences.
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29 May 2024 | 26 replies
For as long as I can snag deals like this - https://www.biggerpockets.com/forums/52/topics/1193019-says-...And I know that you guys have similar numbers in Detroit, I couldn't care less about the "keyboard cowboy" data.Virtual $ex with Jenna (Old Playstation game and sorry ladies) is different to real life.Same as the online stats, demographics and data...They don't/can't show the real life micro economic data of tertiary cities.Well, they can but they aren't accurate just like Zillow isn't in my market.Micro is very different to MacroJust my 2 Aussie centsPeace, I'm out 🤠
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31 May 2024 | 149 replies
The room was empty and had no energy compared to the previous year, it was sad to see so many agents fold up shop but will help the ones that remain in business. 2nd motivator is this post is I know people from Bigger Pockets that have not purchased a property in 3 years is when we had our first conversation, they are sitting and doing nothing because rates or prices oh my.
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28 May 2024 | 10 replies
Side note: Anybody else get some serious "fan girl/boy" energy when people like @Dave Meyer comment on these posts.
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28 May 2024 | 7 replies
That's just asking for trouble.If you want to consider renting it, focus your energy on finding a good property manager, then follow their advice.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.
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29 May 2024 | 18 replies
There are a lot of energy and resources that go into getting the snowball rolling, so that's what I invest in right now.
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27 May 2024 | 1 reply
Job growth and economic development in the area, such as the establishment of new manufacturing centers, will further bolster housing demand.Mortgage Rates and AffordabilityMortgage rates, which have been at two-decade highs, are expected to stabilize and potentially decrease slightly due to anticipated federal rate cuts.
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27 May 2024 | 28 replies
Hi @Mark Mahoney,I'm in the process of buying a house in the NJ area and would like to know what is the average cost of utilities (water, energy, gas) for a 6-8 people sober house from your experience?
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28 May 2024 | 26 replies
So instead of trying to force square peg's in round holes, maybe consider better uses of your energy, how to better get round peg's that fit nice and neatly, and at a nice profit I might add.