Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
OTRCH operates a couple of what I call "wet rehab" centers meaning congregate housing for persons otherwise homeless and there are several other agencies like "First Step House" etc. that might be interested in a presence in this block.Or you could cut your losses and put it back on the market under the "greater fool theory."
Steven Catudal
Partnership split help
20 January 2025 | 11 replies
If the partner wants to get a bigger cut on future deals, they can save their money and buy into a larger percentage on the next deal.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
21 January 2025 | 14 replies
They will waste your time and you will have no choice but to take action against them.
Chase Pomerantz
Newbies looking to break into real estate investing
7 January 2025 | 8 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Lilia Matlov
Risks and Opportunities Coexist
11 January 2025 | 4 replies
If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
What will happen is you'll continue to waste time being drawn into the tenant's circle of drama.Just stop engaging.
Jahl Brown
Double Closing in NJ
27 December 2024 | 2 replies
I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) .
Chris Kay
How Far Does $50k Go for Rehab?
15 January 2025 | 14 replies
Which will also depend on the neighborhood.You want to, "rehab/maintain to the Neighborhood".Most investors go overboard on their first rehab and waste a decent amount of money.
Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.