Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
Yes, I still believe a lot of brokers and REAs who are hostile to wholesaling industry are motivated by jealousy and resentment born out of the fact that they had to invest so much time and efforts to get licensed in RE, while wholesaler can get into assigning contracts and earning his average $10K per deal without any entry barriers, overwhelming regulations, caps on commissions and jumping through hoops that they had to in order to serve end buyers and sellers with fiduciary duty to parties they serve in retail market and public.
Ashley Hightower
Best SMS platforms-Launch Control, Lead Sherpa, Roor??
17 October 2024 | 47 replies
I'm seeing a crazy ramp up in FSBO / expired leads now that interest rates have topped 7%trapping sellers.
Tim Dawodu
First Investment Property. Looking For Another
8 October 2024 | 2 replies
Born & raised in CA.
Nichole Kinard
Working full-time but ready to invest in real estate
9 October 2024 | 12 replies
You need to start bringing in options 2) The assets you trapped in your net need to be analyzed now A - Z and pick out the best ones based on area, grade, project cost, ARV, etc.
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.
Jose Alejandro Hernandez
Buying my first home/issue with front door
9 October 2024 | 5 replies
Very familiar w the city as I was born and raised here.Going 20% down conventional w plans to pay it off ASAP as I make over 100k per year after taxes and live well below my means.I hope to rent it out and cash flow as soon as I pay it off.Today during the blue tape walkthrough I identified an issue with the front door.
Michael Macquarrie
Is Your Financing Strategy Costing You More Than You Think?
7 October 2024 | 2 replies
Those are two bear traps that investors fall into daily that will absolutely demolish you and put such a bad taste in your mouth you may never return.Nobody wants to pay 3 points at 13% on a bridge loan, but if #1 and #2 above go well it will never kill you.
Austin B.
Thoughts About New Western?
11 October 2024 | 18 replies
That statement about suckers being born everyday definitely applies to real estate.
Nicole S.
Avoid Northpoint Property management in Ohio!
6 October 2024 | 15 replies
Nothing.Please don't fall in to the same trap as me.
Uri Frodis
Wheelbarrow Profits Academy with Jake and Gino
11 October 2024 | 40 replies
In the middle of the direct mail campaign our second child was born and it became clear that I wouldn't be able to devote the time needed to work my full-time W-2, build a flipping business (with the goal of saving enough money to buy an apartment), and raise 2 kids.