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26 November 2024 | 3 replies
YOY we went from a low of 1,803 to a high of 2,209 which is a 22.5% increase in inventory.
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27 November 2024 | 48 replies
Not having the correct ARV and having the rehab get a low appraisal is my main concern.
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26 November 2024 | 15 replies
They might look like base hits today with low cash flow, but they’ll look like home runs in 3-7 years.
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25 November 2024 | 9 replies
This is an insanely low price.
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27 November 2024 | 16 replies
", if you can be thoughtful and diligent and very skeptical, and wait until things are obviously cheap, you will generally outperform 90% of other investors. equation {Buy low + decades} = RichGet a hold of someone on the phone, about the investment, ask a few questions and get their best contact information.
25 November 2024 | 11 replies
hey tim, i should have been more clear. i will be doing all of the property management per se, just looking for an organizational tool via an app or software that will consolidate the communication for my duties. i only have one out of state property and just dont think the amount paid is worth the relatively low stress of this specific quality property and tenant pool. i will look into stessa and buildium- thank you for the recs!
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25 November 2024 | 23 replies
Most importantly you can refine your phone technique at a low cost.
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23 November 2024 | 7 replies
Sorry for the following Contrarian advice, but you're not a 5 year old so:The only reason to buy a personal residence (Home) is because someone is forcing you to.Usually, this person is called your Spouse (which is Latin for someone who forces you to make horrible financial decisions then criticizes you for them endlessly:)perhaps DON'T buy a home, just rent something affordable and invest the 20% or in your case 50% into the stock market (sp500 16.1% yearly return last 15 years, 11% last 50 years, 10% last 125 years)remember, your RENT is your maximum monthly housing expense, but your Mortgage is your minimum or starting monthly housing cost, it always goes up from thereI've, owned 2 personal homes, 100% appreciation in 6years on #1 and in 7 years on #2, (I timed our market perfectly both times), with 20% down and very low mortgage rates, but after honestly calculating all expenses, only made about 5-6% a year "investment wise".
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26 November 2024 | 44 replies
Almost everyone has their focus on spotting low prices.
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25 November 2024 | 19 replies
Regarding PMCs that charge flat fees, many charge those "low" fees whether a property is vacant or occupied, tenant paying or not.-- This doesn't really align the PMC's interests with the owners:(Regarding why it's taking so long for your PMC to get your property RentReady - how are they making MORE money by taking longer?