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31 August 2024 | 1 reply
I'm excited to be here and connect with like-minded individuals passionate about real estate.
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28 August 2024 | 1 reply
Buyer starting mortgage balance is $90k (assuming 10% down) because mortgage rules changed to enable commission to be added to mortgage balance.
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1 September 2024 | 13 replies
I've signed up for meetups and I'm actively building my network with like-minded individuals.
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30 August 2024 | 5 replies
I believe that a community of people grow faster than individual efforts.
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2 September 2024 | 24 replies
Supply and DemandIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When the number of buyers exceeds the number of sellers, prices increase until there is a rough balance between the number of buyers and sellers.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.What determines demand?
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28 August 2024 | 2 replies
You can use the proceeds from the bridge loan to cover the down payment and closing costs on a new property, which enables you to buy a new home before the first one is sold.
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30 August 2024 | 3 replies
If your renting by room, each tenant would need there own individual lease agreement.
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29 August 2024 | 14 replies
@Bob Gruenig, what @Chris Tracy may be trying to point out is that if you are creating a LLC and bringing in other passive investors into that LLC, your LLC may be subject to securities law.The easier option would be to let each individual come into the syndication's LLC directly.
30 August 2024 | 3 replies
Keep in mind that some expenses are out of an individual's control.
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29 August 2024 | 6 replies
I am reaching out to inquire if anyone offers mentorship programs for individuals eager to learn and grow in this industry in Ohio?