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2 June 2024 | 112 replies
These are the zips we focus on and new construction trends we focus on and the prices housing units are going for here.
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30 May 2024 | 12 replies
Start with thorough due diligence on the investment property and consider factors like location, market trends and potential for rental income.
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31 May 2024 | 6 replies
I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.
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30 May 2024 | 2 replies
Worcester Listing Inventory has maintained at the same levels as the previous month of March, which in these low inventory times is sometimes all we can ask for. Sales stay on track similar to the previous year with a...
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2 June 2024 | 26 replies
Risks are low demand, the bad shape of the property, the area around it, past owner problems, law and zoning issues, and meeting local building codes.
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31 May 2024 | 12 replies
Develop skills like sales and negotiation, stay updated with market trends, and plan your career through mentorship and interests.Good luck!
31 May 2024 | 6 replies
I also googled the rent trend for the area - apparently there was 20% decrease in rents in 2023.
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30 May 2024 | 0 replies
Building is in great shape - metal siding, metal roof, new HVAC unit in 2018.
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31 May 2024 | 14 replies
I'd suggest diving deep into the local market trends and connecting with fellow investors in the area.
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29 May 2024 | 4 replies
The COVID-19 pandemic accelerated these trends, as remote work allowed more people to move to areas offering better lifestyles.