Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
Here is a recommendation I have for you as you begin to figure out what area you want to invest in.This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code & discusses crime rate, schoolsUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FBest of luck and let me know if I can help answer any questions!
Praveen Kumar
Rent to retirement
1 February 2025 | 9 replies
I don't think rent to retirement can vet a deal any better than anyone else or you, they just have a bit of a system. but the new builds in Lehigh acres, Cape Coral, north port, etc are all garbage. septic systems, poor economics, low rent to purchase price ratios, you are banking on appreciation and buying at market. building direct is going to give you a competitive advantage on a 3 unit let's say worth 600,000 you are going to be 120k ahead than if you bought it through them. that's my analysis. if you are super lazy and too busy to make money and have millions to throw around then I'd recommend not thinking much about investing. but you can also invest in funds and be way omre passive than buying a new build from far away. but if you want to add real value then get involved and make it happen. getting wealthy isn't easy. you work hard for your money and there are build to rent developers like us that try to answer and add value to start buiding relationshipsl
Eddie Lozada
Turnkey properties in these states!
8 January 2025 | 11 replies
Colorado, Montana, North Carolina, Pennsylvania, South Carolina, Tennessee, WashingtonIf so, please reach out!
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
That is not normal for that area, but it is sometimes how things go.If you Google the street view of the Parker property, you will see that, in my opinion, it is not an area you want to be in long term.
Bruce Woodruff
Thoughts on the California fire repercussions
14 January 2025 | 17 replies
I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
If you decide to invest I would encourage you to check out North Carolina.
Johann Jells
Need someone to keep a rowhouse frontage free of ice and snow, what's a fair price?
7 January 2025 | 2 replies
Some people who already handle plowing or sidewalk clearing nearby might give a better deal if they live just down the street.
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
If rent payments are missed or damages occur, this gives you legal recourse against any or all tenants.Best Practices:Professional property managers, like those managing rentals across North Texas, always screen every adult living in the home.
Kody Glithero
Future Real Estate Plans Help!
16 January 2025 | 6 replies
My job will be on the southside of Indianapolis, so for location wise that would be better, however obviously the north side seems to have more potential.
Zach Howard
Financing options for non-US citizens
2 January 2025 | 21 replies
I work outside of the US (Hong Kong), making slightly north of 100k per year, with scheduled salary bumps of approximately 4k per year.