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20 October 2024 | 1 reply
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
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18 October 2024 | 6 replies
Finding a good and reliable contractor can definitely make or break a deal.
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22 October 2024 | 17 replies
Overall I'd look into how many units you own (more is better), price of rental units compared to monthly payment you are paying (more is better), and values of each property you own and how much each property increases in value on an annual basis.
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21 October 2024 | 19 replies
And they were renting out for decent prices, not quite as much as I've seen in Cleveland, but pretty comparable.
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16 October 2024 | 22 replies
You are WAY too eager to leave your job for investing when investing takes years to deliver a return comparable to your job unless you have a bank vault of money to play with.
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16 October 2024 | 3 replies
I would like to know which sites are reliable to do some market research on population growth, and income on zipcodes, and counties in Delaware.
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17 October 2024 | 19 replies
Here are the Positives:Upfront Payment: The tenant’s offer to pay the full year of rent upfront, along with the deposit, shows a commitment and provides financial security for you in the immediate future.At least She was Honest in Her Communication: The tenant has been transparent about her situation, which can be a positive sign of reliability and sincerity.My Negative Concerns:Her Future Financial Stability: It's only a one-year lease, if her medical condition and financial condition should worsen (Heaven forbid), you may have to face her wanting out of the lease earlier than the 12 months and eventually you may be faced with having to decide not to renew the lease (after her 1 year contract is expired) based upon the sad news of her condition becoming worse, (Heaven forbid).
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19 October 2024 | 0 replies
Leverage Market DataUse data-driven approaches to adjust your offer strategy: Comparative Market Analysis (CMA): Constantly analyze comparable properties in your target area to understand market trends, price points, and days on market.
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18 October 2024 | 37 replies
I have a reliable contractor who has done flips, I am also a licensed agent and know my market.
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19 October 2024 | 7 replies
Start small - get yourself a househack, learn from your own experience of owning the rental property you live in, continue to educate yourself with reliable resources, and then worry about the next home.Having just one solid investment will put you ahead of most Americans than trying to find a way to buy 10 doors out of state in an area you don't even understand.