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15 August 2024 | 86 replies
land in path of progress .. fix and flip JV deals.. etc etc.. at least for me.
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12 August 2024 | 0 replies
Super needed.Half of the homes sold were under contract in 13 days or less, up from 7 days a year ago.46.11% of homes sold for the asking price or above, with 23.4% selling for more than the asking price. 12.3% sold for at least $10,000 over asking and 4.04% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98.2% – down from 99% a year ago.Knoxville having the fastest-rising property prices in the country over the last five years, with median home listing prices rising 83%.New construction represented 13.6% of total home sales.With an increase in units over the past year we have seen the occupancy rate moderate at 95.9% down from the high of 98.9% in 2022.
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12 August 2024 | 4 replies
I have some property in the Netherlands but I am curious about investing in other countries.
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16 August 2024 | 17 replies
Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.
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12 August 2024 | 4 replies
The best strategy in Mexico is holding short-term rentals and it's often even better than in the US because of the high cash flows and the almost guaranteed lack of regulations, which is a huge problem in the Us another developed countries.
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14 August 2024 | 64 replies
Outside of my insights from data, there are a few things I'd like to pop in here to hopefully take this conversation in a direction that helps us all learn from this and grow in our businesses together, elevate the industry together, find a path to co-exist where each business contributes to the overall industry growth... challenges the other to innovate and create fresh new solutions for customers to win big... and leads towards our industry getting stronger not weaker.
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14 August 2024 | 42 replies
They bought one note and of course its NPN to start cant get it performing and having to deal with the servicer and they send me the laundry list of everything they have to do and they quickly realize holly cow this is a ton of work for a small investment with little to no upside by the time they put all those hours into it and risk basically getting some house back half a country away :)… So folks jump in but then reality sets in..
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14 August 2024 | 134 replies
It is well worth the small investment it would take for a consultation to understand what your rights and path forward are.
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8 August 2024 | 2 replies
I think being an inspector is a great way to learn more about property and construction, but it's not a direct path to becoming an investor.
13 August 2024 | 7 replies
I specialize in helping investors grow their portfolios strategically, and your skill set would be a great asset in this space.Best of luck with whichever path you choose!