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11 February 2025 | 11 replies
Reason that is bad is 2-4 units were the first to go sky high in 2020 to 2022 and now rents do not match the market if your getting financing.No point having a mortgage of over $2850.00 on a $420K home if the rents on a Duplex are only $1250 to $1350 a door.
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1 February 2025 | 2 replies
Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.
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4 February 2025 | 0 replies
See the map below for where these zip codes are located.Note: The following charts only include properties in the above zip codes that generally match our property profile: single-family homes featuring 3-4 bedrooms, 2-3 bathrooms, 2-3 car garages, 1,100 to 2,400 square feet of living space, 1 or 2 stories, and lot sizes ranging from 3,000 to 6,000 square feet, built on or after 1985.Appreciation10-Year $/SF by Zip Code 2015-01-01 to 2024-12-31From the above charts, these zip codes appear to appreciate the fastest among our target areas (based on annualized growth rate)89032 (North Las Vegas), 11.0%89015 (Henderson), 10.4%89143 (Centennial Hills), 9.9%89031 (North Las Vegas), 9.8%89138 (Summerlin), 9.4%89141 (Blue Diamond, Southern Highlands), 9.4%89128 (Summerlin), 9.3%89123 (Silverado Ranch), 9.1%89129 (Northwest), 9.1%5-Year Pre-COVID $/SF by Zip Code 2015-01-01 to 2020-03-01The COVID market frenzy and the subsequent dramatic rate hikes significantly distorted price and rent trends.
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5 February 2025 | 3 replies
We lived in a little apartment above the garage and rented out the main portion of the house.
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30 January 2025 | 13 replies
The house is a new construction in a Class C neighborhood.The tenants pay late rate ~50% of time, they damaged part of the garage, they have people not of the lease living there, and they leave trash in the yard.Part of me wants to keep these tenants because:-They do pay eventually-I don't want vacancy-The turnover costs could/will be high-How much more damage could they do?
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19 February 2025 | 0 replies
Syndication was the key that opened the door to exponential development, allowing me to reach new heights in my real estate career.During my own journey, I learned that syndication was the key to growing my business.
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15 February 2025 | 4 replies
I found a property next door to one and just wondering what the experience would be.
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20 February 2025 | 20 replies
I've been investing in Detroit since 2019 and have 12-doors there.
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21 February 2025 | 2 replies
If you both purchase four-Plexes, you could have 8 doors after two years.
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13 February 2025 | 14 replies
Wow 23 with 4 doors, well done Joseph!