
27 June 2024 | 18 replies
Also research rental demand, particularly from traveling professionals, students, and medical staff.

27 June 2024 | 3 replies
It's a super saturated market following the pandemic work from home demand.

27 June 2024 | 3 replies
Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

27 June 2024 | 9 replies
Your thought process on the contractor providing quotes to possibly "win" a job may seem correct on surface level as a lot of businesses offer "free-mium" products - but ultimately time is money, especially in real estate where good contractors are in high demand and could better spend their time finishing a project before accepting the next one.

27 June 2024 | 3 replies
FYI, because of all the lawsuits he had to rebrand and change his company name from "Fortune Forclosures" and "Flipping on Demand" to "Empire Real Estate Builders".

27 June 2024 | 26 replies
In general, RE realized the largest appreciation rate post pandemic due to easy money spurring investor demand, and depending on the market, the mass wave of demand entering into the STR market.
26 June 2024 | 4 replies
Even if newer buildings can't price rents as low as yours, they might offer amenities or modern designs that attract potential tenants.Local Economic Factors: Consider local employment rates, major employers relocating, or any changes in the local economy that might impact rental demand.2.

25 June 2024 | 8 replies
In any case, I attach below a screenshoot of the seasonality page for Fresno, CA.You can see that the demand is higher in the summer than in the winter season.

26 June 2024 | 5 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

27 June 2024 | 47 replies
For example, Columbus is 30,000 housing units short of demand...and 60,000 affordable housing units short of demand...what does this mean?...