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15 March 2024 | 5 replies
One common distressed seller I've been finding are landlord-managed multifamily properties that have a commercial side and residential side in C/C- areas.At first glance, they have good cash flow... but they come with a tangled mess of existing tenants who pay way less than market value and usually have a longer term lease on the commercial side, meaning you'll have to sink in a lot of time and energy to maximize their profit.It seems like it could be a good niche to go after if you know how to maximize the cash flow OR it could just be a massive headache and money sink if approached the wrong way.
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15 March 2024 | 14 replies
columbus > Cleveland I'd debate anyone on a panel any day mainly the net migrations, economics, development, etc doesn't' mean you can't get good deals but the average house in Cleveland is 114k approx in columbus it's greater 300k
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15 March 2024 | 8 replies
I have been looking and doing some research on different areas to invest into and so far I have gathered information on which zip codes to avoid, the crime data for Detroit & neighboring cities/towns, rental values, demographics & economic outlook. however, I haven't been able to narrow down on any particular neighborhood yet.
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14 March 2024 | 0 replies
While such disparities can be due to a variety of causes, residents in these cities had economic tailwinds to help them through recent cost of living increases.To see where income increased most, SmartAsset examined Census Bureau data for 124 of the largest cities in the country and ranked them by the size of income changes between 2019 and 2021.
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16 March 2024 | 58 replies
Tourism's Resilience: The tourism sector has historically bounced back from economic downturns.
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15 March 2024 | 20 replies
Inflation seems to be an almost universal-economic issue at the moment, and premium housing has always been in demand.
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14 March 2024 | 8 replies
If they want to spend their time and energy with a client that obviously wants nothing to do with them, that agent literally has no other options, nothing going on.I make all of my rep agreements cancellable at any time without fault.
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14 March 2024 | 8 replies
With this approach, you may maintain a small income while accumulating equity and offsetting housing expenditures.Investing in rental properties: In reasonably priced locations, you may purchase economical single-family homes or modest multi-unit buildings.
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14 March 2024 | 0 replies
-Ideally list early in the week and during a weekend-Monitor economic indicators and interest rates.Marketing Strategy:-Develop a comprehensive online and traditional marketing strategy to get your listing in front of the most buyers.
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14 March 2024 | 1 reply
When the next major economic event occurs, that is when we will see what is important.