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4 February 2025 | 38 replies
The 4% and 6% rates are just the names given to differentiate commercial and owner-occupied.The 6% rate is obviously significantly high, but it's fairly average nationally.
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23 January 2025 | 21 replies
They are in lower socioeconomic communities with higher than average crime rates.
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23 January 2025 | 23 replies
Real estate investing is forgiving; the average person can still make money even with some big mistakes.
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30 January 2025 | 47 replies
First one defaulted and keep in mind they were maybe 8k a month positive.. average payment was 1.2 on the underlying sub to note.
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15 January 2025 | 1 reply
While I think I might have paid slightly above the average price, I’m happy with the installation and impressed with how quickly the installers resolved the issue.
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22 January 2025 | 4 replies
I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights.
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12 January 2025 | 7 replies
Average profit on a trailer park is between 10-15 percent .
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16 January 2025 | 0 replies
It's been a rental for the past 4+ years and makes on average $400-$600/mth Lessons learned?
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15 January 2025 | 7 replies
HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property.
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10 January 2025 | 4 replies
Average rental rates, vacancies, competition, growth, appreciation, etc..Ive heard of scrolling through Zillow and collecting information by looking at properties for sale/rent but was wondering if there is a site where all of this information is easily accessible or any ideas for better ways to go about it.Thanks in advance!