Chris Lane
Building My Foundation
21 October 2024 | 4 replies
Many investors in Nashville have remote portfolios, and building relationships here can provide access to mentors, contractors, financing options, and even potential partners who have experience investing out-of-state.It’s also worth mentioning that you never know when opportunities will open up locally, especially with Nashville’s evolving market.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
I will be traveling across the US to a better housing market, I have access to the MLS for every state which is cheaper than hiring a realtor and will make my journey better and faster.Also I have no income I live on disability and invest that into stocks, I worked a few months in IT and saved everything and quit so I could buy time.
Rehaan Khan
How to deal with a bad contractor?
21 October 2024 | 4 replies
You should have signed a disclosure statement with them at the beginning of the job that stated how much their bond is and how to access it in the event you need to.
Bryan Schwartz
Trusted vendor lists are gold as a RE investor...curious how people built theirs?
23 October 2024 | 13 replies
I use Excel in Dropbox and have my team access it that way too 4.
Account Closed
PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
LPs who do not want to pay for access can learn from free content, and we will fund that content from sponsorships, which may include from capital raisers.
Treasure Soe
Exploring Strategies: Cold Calling, Facebook Ads, and Virtual Driving for Off-Market
17 October 2024 | 22 replies
When done right, Facebook can go neck and neck with any other lead-gen method out there.If you have the ability or the budget, building out a proper SEO strategy should be a top priority.Google PPC is highly effective but the truth is most investors without a hefty advertising budget can’t or shouldn’t spend their dollars there.What are you doing right now to generate leads?
Steve Stinson
Huntsville #4 - Best Cities To Buy An Affordable Home In 2024 (Forbes)
18 October 2024 | 0 replies
It stands out as a small metropolis with an affordable housing market, good job opportunities, and easy access to nature.With a median home price of about $259,817, Huntsville ranked 26th lowest in our analysis.
Nadia Muga
Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Joseph Scorese
Close RE Deals in Any Economy Top Strategy - What are factor that you will leverage?
19 October 2024 | 0 replies
Social Media and Digital Marketing: Invest in virtual tours, high-quality listings, and digital advertising to reach a wider audience.
Sanjeev Advani
Can Federal Lands Solve the U.S. Housing Crisis?
19 October 2024 | 25 replies
Vice President Kamala Harris and former President Donald Trump have both floated plans to make housing more accessible by repurposing public lands for development.