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11 January 2025 | 12 replies
Your age might raise some eyebrows initially, but as long as you're professional then you should be good.
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10 January 2025 | 67 replies
After a $500 plumber bill I no longer wish to continue stressing out about this business; at the beginning (10 years ago) it was fun and challenging, now, after seen how we are the ogres (landlords in general), the outrageous government response with the eviction moratorium during Covid, the raise in taxes and insurance, service people who charge you more than a brain surgeon, the fact that this country is becoming dangerously socialist and the tenant drama I finally decided It is time to look elsewhere for investments.I just cannot find any information of what to do when I sell my properties.
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13 January 2025 | 17 replies
IMO, even at $1.25M, and assuming you can improve occupancy and raise the rents to the low end of the market range (after doing the rehab), I think there's a deal here.
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21 January 2025 | 20 replies
Combine that with insurance raising rates not just for dropping licensee count, but also to cover increased lawsuit risks.
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6 January 2025 | 5 replies
It's kind of disconcerting when I can only raise rents by 5% but insurance is increasing by 10% to 15% per year.
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7 January 2025 | 5 replies
I am aa TX gal, born and raised!
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17 January 2025 | 12 replies
The company is based out of Sicklerville, NJ but also works in Philadelphia, where he was born and raised.
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16 January 2025 | 12 replies
While the economics are not as favorable for you, raising $300-$400k to buy something like a 1.2mm property will be far easier than trying to raise $10mm to buy a 100 unit.
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25 January 2025 | 32 replies
It seems that many of these companies are accepting investment in return for unsecured loans and new capital is constantly being raised to pay off investor redemptions.
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4 January 2025 | 14 replies
They raised over $300 million in two mortgage REITs, however they didn’t have the deal flow to invest 10% of it.