
23 March 2024 | 4 replies
Bring 500k to the table together and we can lock down some owner financing deals!

23 March 2024 | 12 replies
Worked ourselves out of income here lolVacancies lowMaintenance repair requests lowNeed to cause some drama so we can start putting some food on the table lolJokes.It's interesting though how if you do a good job in property management you kind off work your way out of being able to generate more income.I guess it's a good problem to have from a performance and ethics standpoint.What do you guys think?

23 March 2024 | 2 replies
What unique considerations might there be?

23 March 2024 | 8 replies
@Kim LeJeuneI have to assume that it was a rental house, as opposed to your personal residence or a flip.Each monthly payment has 3 components: interest - taxable as ordinary incomereturn of your principal - not taxablecapital gain - taxable at various ratesYour down payment has components #2 and #3.Interest should come from an amortization table.

23 March 2024 | 10 replies
Both have their own unique advantages and can offer great potential for real estate investing.

23 March 2024 | 4 replies
I just came to the table for some open advise.
24 March 2024 | 11 replies
@Kermaury Musgrove no first-time story, but some education:)Every market is unique, but the Midwest markets have a lot of similarities and are way different than the market in California.In Metro Detroit, we rank all the suburban cities and the City of Detroit Neighborhoods as Class A, B, C & D.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

22 March 2024 | 4 replies
They undoubtedly overpaid for the homes which were bought by the least savy homebuyers who have now got into trouble/overleveraged and need to cash by selling a portion of their equity in the first place, thus NADA's positions will likely fall faster than the overall market as they have this intrinsic flaw of no price discovery in their methodology. so either NADA makes out like a bandit by fleecing stupid Americans (not a unique business model) or NADA bought overpriced homes near the PEAK, since they just started business in late 2021, and they will incinerate your investment better than Cathie Wood, I'm getting my popcorn ready to watch this %&*@show :)

22 March 2024 | 20 replies
A lake, A river, unique hiking experiences, ect.
24 March 2024 | 25 replies
Most people haven't done very many deals though, that's why they benefit from working with a professional.Some recent examples in my 1st hand experience... last year I witnessed a FSBO seller leave $400k on the table.