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18 October 2024 | 1 reply
Just curious how it really turned out if it only made 10K average investor who would have had to borrow money would have been in the hole on this flip..So if you care to share the details I bet others would be very interested.OH i see your with velkesman I know those guys they charge money to get into their program..
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14 October 2024 | 2 replies
Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.
17 October 2024 | 6 replies
It explains why they are usually in the lowest barrier space within the industry (until recently not even a license was required & many still operate illegally).As a Philadelphia resident and active investor in the city I fully endorse investing in Philadelphia but only if you’re receiving sound advice.
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17 October 2024 | 23 replies
Besides looking at what Airbnb comps are pulling in, backup would be what long terms are pulling in and average selling cost of what the home will be when finished.. anything else I should be plopping at?
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20 October 2024 | 84 replies
Personally my stock portfolio (mostly very safe, set and forget/ "lazy portfolio", un-speculative "aristocrat stocks" and some basic high dividend yield ETF's like Vanguard's VYM which pays 3% dividends and has a 30 yr. average compound return of 10%) is doing much better than if I were to use those funds to pay down my very low interest, not at all over-leveraged real estate debt.
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17 October 2024 | 3 replies
What could I expect to have as current average loan interest rate and points/fees if I am a new accredited investor with excellent credit?
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19 October 2024 | 14 replies
$350k is nearly the median home price across the nation, which Iearned at BPcon2024 is roughly $402k.A couple of other metrics I would like to consider are the purchase price-to-rent ratio and average time on the market for rentals (length of supply).
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17 October 2024 | 3 replies
Well, think of the concept of dollar cost averaging in stocks — instead of buying stocks one time, you invest consistently.
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19 October 2024 | 30 replies
My average all-in is around 80K....
15 October 2024 | 69 replies
Average annual return from all other investments with him is 1.8%.