11 October 2024 | 11 replies
Hi, Ohio is a great choice but, you can reach out if you have any questions on regarding the Cleveland market.
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14 October 2024 | 24 replies
Going with a S&P 500 fund can be a safe easy choice.
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11 October 2024 | 17 replies
Knowledge is your best tool!
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12 October 2024 | 12 replies
That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!
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12 October 2024 | 16 replies
In that case, keeping the higher interest rate could be the better choice since you'd avoid the upfront cost.However, if you're confident in holding the property for at least three years or longer, locking in the lower rate could lead to significant savings over time.6.
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8 October 2024 | 12 replies
The wise choice is to hire a professional property manager in that area until you have enough properties to justify moving someone there.
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10 October 2024 | 5 replies
What really makes the difference in real estate investing is practical knowledge, networking, and hands-on experience.
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10 October 2024 | 2 replies
Please reach out if you are knowledgeable in this area, and we can start a conversation where I can provide you with more details.
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11 October 2024 | 2 replies
IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.
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13 October 2024 | 9 replies
The great news is I have the time, knowledge, resources, and critical thinking skills to bring these projects to fruition.