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25 October 2024 | 23 replies
Scranton PA is a great spot to invest.Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.
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22 October 2024 | 17 replies
**Rental Income and Management** - Since your siblings pay rent that covers the mortgage, you have a buffer as long as they continue living there.
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24 October 2024 | 33 replies
Boom, she was bumped off section 8 and then because she made minimum wage, was struggling to pay rent.
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21 October 2024 | 1 reply
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthInterestingly, September saw a rent increase MoM ($1.21/SF vs. $1.18/SF), bucking the traditional seasonal slowdown trend.
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22 October 2024 | 7 replies
I've been investing there since 2019, and I continue to see a lot of strong reasons why it's a compelling market:Revitalization & Growth: Detroit has been experiencing significant revitalization over the past few years.
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23 October 2024 | 22 replies
I’m not sure when to decide that I “know enough” to make this kind of investment, or if I should continue educating myself before pulling the trigger on a property.
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23 October 2024 | 18 replies
I'm excited to be here and continue that journey.
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22 October 2024 | 23 replies
Quote from @Chris Seveney: Quote from @Stuart Udis: I continue to see more and more posts suggesting real estate investors should go from buying 2-4 unit buildings to buying larger apartment complexes.
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19 October 2024 | 7 replies
I can't even count how many times I have seen posts on Biggerpockets from struggling investors trying to rent out Section 8 properties or D class properties out of state.Everyday there is a new post from a Newbie Investor who put their hard earned cash into a dud of an investment and cannot figure out why they can't find a solid tenant, why their tenants don't pay, or some other horror story related to investing out of state/D class real estate.
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22 October 2024 | 12 replies
I know a lot of arbitrage hosts who aren't continuing and actually dropping these arbitrage units.