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12 August 2024 | 39 replies
I would however appreciate hearing about how you think rent controls, and other political stunts that politicians use to pander to the lower class, actually help or hurt those very people.
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12 August 2024 | 5 replies
I have also noticed a change in the quality of tenants, it seems higher income earners are now renting for longer and also happy to live in the more working class areas.
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13 August 2024 | 24 replies
All asset classes rise in nominal value although the real value may not be there for every asset class.
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11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?
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9 August 2024 | 1 reply
This year I signed up for sessions there like underwriting multifamily and cashflowing multi family in high rate environments and I'm excited to hear what they have to say, plus it's in person so lots of good networking to learn from others.
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10 August 2024 | 5 replies
I've been searching on Zillow to see what's out there and in what condition—targeting Class B in a decent area with a focus on cash flow.
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9 August 2024 | 4 replies
I believe this is correct - doable but very challenging to qualify STR with conventional in a high-rate environment like we've been in.Sharing this article published last year on STR Loans Options Pros/Cons, etc if it helps!
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10 August 2024 | 23 replies
I would rather own a home in Class A area for 20 years over Class C and can probably with high confidence say that you will be in a much better spot later in life with Class A vs.
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10 August 2024 | 4 replies
Unfortunately, I'm not allowed to attend any seminars or classes (due to budgeting issues), and I can't study for a real estate agent liscense and join a club until I'm 18.
12 August 2024 | 22 replies
Both across the country and in different asset classes so that the information is applicable to many people.