12 July 2024 | 18 replies
It's a veggie according to a produce guy and a fruit according to a botanist.

12 July 2024 | 8 replies
I bought two cabins with it that have been producing $75 to 85K a year since 2013, so it was worth it.That doesn't sound like the situation that you are in.

11 July 2024 | 9 replies
G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/

12 July 2024 | 23 replies
Leverage allows RE to produce inflated returns.

10 July 2024 | 8 replies
Just need to see how much water a well in your area can produce, plus the cost / efficiency of a larger well vs multiple individuals.

11 July 2024 | 4 replies
(Fortunately, we were insured)Emergency Fund: Always have extra cash for unexpected events.Tenant Support: Keep good communication and support your tenants through tough times.Final ThoughtsThis July 4th was a disaster, but it’s also a stark reminder of the unpredictable nature of real estate investing.

12 July 2024 | 16 replies
I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS- low prices- blue collar overall, meaning lots of resources for contractors- growing university, consistently growing rents- I expect to see an actual 10% cap rate here, higher if the property needs work- compared to downstate, permitting, evictions, etc. are simple and quick- no code compliance inspections required on existing multifamiliesWEAKNESSES- no. natural. appreciation.

12 July 2024 | 17 replies
This is dependent on the city's long-term economic growth.Natural disaster risk: Certain locations are more prone to natural disasters, such as hurricanes, tornadoes, earthquakes, fires, and floods.

11 July 2024 | 6 replies
Natural disasters, higher construction costs, and a competitive insurance market are driving these increases.Review your current policy to ensure you’re properly covered without overpaying for unnecessary coverages.
11 July 2024 | 1 reply
I want to make sure this process happens in the right order, so i dont lose my *** and instead have a beautiful income producing asset.