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9 December 2024 | 24 replies
Quote from @Jaycee Greene: it all depends on the credit scores, but consumer mortgages tend to have lower interest rates than commercial loans.
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12 December 2024 | 5 replies
I still think this might work, but I will need to look at it from a few different angles.I like the idea of mobile homes because it's a lower cost way to get started.
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12 December 2024 | 6 replies
Expanding to nearby areas with lower costs and strong rental demand can also make sense.
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10 December 2024 | 16 replies
We focused on 1 and 2 br properties long before MTRs became trendy because they have lower price points, less competition, lower expenses, and while the tenant pool is smaller, so is supply.
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10 December 2024 | 6 replies
For instance, in my market, from FY 24 to FY25, the HUD rents increased by 11% (Worcester MA) signifying significant increases in demand vs. other areas where it may stay stagnant or lower which would signify the opposite.
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17 December 2024 | 29 replies
They're working class or in lower income areas.
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11 December 2024 | 14 replies
query=garage#sear...If you can rent a 2 garage at $450 without spending ~$150k for a garage ADU conversion, no work/risk of the ADU conversion, the lower maintenance/capex, easier eviction, no rent control, less tenant interaction, it will not convert your SFR to rent control, etc, it seems superior to the garage ADU conversion.
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1 December 2024 | 31 replies
Start with BRRR in some areas that have lower barrier for entry Pros: Could potentially get to the second investment sooner Cons: No existing contractor connections.
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17 December 2024 | 22 replies
ABC Baltimore’s appraisal was still lower than $106,000 expected per contract.
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5 December 2024 | 31 replies
I think it's a great strategy to replace the BRRRR strategy for entry level investors who need number of cash flowing property to replace their 9 to 5s. 3.