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8 January 2025 | 4 replies
You have come to the right place to begin your investing journey.Have you looked into attending local meetings and joining Facebook groups?
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8 January 2025 | 34 replies
From what I have heard, Dayton is a similar market, and you will ALWAYS save money by investing locally by not needing to hire a Property Manager (yet).
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12 January 2025 | 25 replies
I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112 thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.
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7 January 2025 | 5 replies
Going over maps of known repairs with contractors showed that there were a few houses where people tried to have piers installed and ran out of money before hitting stable soil, others in the hyper local area did have to go to 100+ ft.
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12 January 2025 | 7 replies
If you’re leaning toward an LLC, I can recommend some local options to help set it up.
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3 January 2025 | 8 replies
If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally.
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10 January 2025 | 8 replies
Join a local landlord association.
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7 January 2025 | 4 replies
I am new to real estate investing and looking to connect with any local investor.
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8 January 2025 | 11 replies
I don't know if this is required in your locality but if it isn't get rid of it.
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11 January 2025 | 7 replies
Just document the current condition before the cleanup process and follow any other local law or procedure that is in your municipality.