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4 December 2024 | 3 replies
It is important to look for locations with strong economic growth, rising demand for housing, employment, vacation and infrastructure developments, as well as properties that offer the potential for value appreciation or steady cash flow.
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4 December 2024 | 0 replies
I drove to the house, explained the situation to the tenants, and emphasized that we needed to locate the leak.When the utility worker arrived, he wasn’t in the best mood.
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4 December 2024 | 0 replies
There are a multitude of factors that come into play such as the type of property and its location, and the structure of your investment portfolio.
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3 December 2024 | 16 replies
Quote from @Mark Pedroza: Quote from @Sergey Tkachev: Quote from @Mark Pedroza: A warm welcome @Shannon Bloomfield@Sergey Tkachev holds a monthly meetup in W Sacramento the third Thursday of every month.It may be a drive for you from where your located but maybe I'll see you there ....Warm regards....
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3 December 2024 | 8 replies
I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!
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2 December 2024 | 19 replies
I think prices vary depending on location but I pay about $10 mo.
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3 December 2024 | 4 replies
My other project years back was searching for active businesses to buy, at one time laundromats, many located downstairs in mixed use properties.
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5 December 2024 | 7 replies
Currently in negotiations with Singh Development Company to purchase my rental home (as in condition-renters moved out) located in Columbus, Ohio with Seller Carryback Financing.
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6 December 2024 | 12 replies
I have found a couple locations that are in Zone "X" and the price is right.
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2 December 2024 | 19 replies
😂Plenty of lovely folks there, plus it's where Cannon Air Force Base is located, but we soon discovered that just having a base nearby didn't necessarily make for a lively real estate market.Shortly after that, we adopted our MUCHAS criteria:M - Near a military baseU - Has at least one college or universityC - Has a Costco or equivalentH - Has a hospital ranked at least as a Level II Trauma CenterA - Has a commercial airportS - Has a Sprouts (organic grocery) or equivalentThis has led us to look at often-overlooked markets like Lubbock, Texas and Augusta, Georgia.May be worth a look for you as well!