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1 February 2025 | 10 replies
So they used the actual rented data of these companies to compare what rentals should go for in your market.
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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7 February 2025 | 1 reply
A solid CRM like Podio or REsimpli keeps things organized.My team actually specializes in finding exactly these kinds of off-market properties.
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9 January 2025 | 15 replies
I should have been more clear...I actually have a BLOC with multiple properties securing the interest.
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29 January 2025 | 14 replies
But I think any experienced investor would agree that if you aren't doing value-add when it comes to real estate investing, you aren't actually investing.
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29 January 2025 | 8 replies
If they actually use a reputable title company I'd do it but if not, I won't trust them.
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29 January 2025 | 8 replies
I’m not trying to second guess you, just trying not to make you feel like a peasant while I do important stuff.
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30 January 2025 | 12 replies
Quote from @Jai Windish: Hey everyone,I am from Illinois and actually closer to Peoria than Champaign, but choices were limited.
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20 January 2025 | 7 replies
I'd also look into property taxes and what is included with that $800 condo fee (that is really high though guessing it may include weekly cleaning).
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26 January 2025 | 5 replies
Quote from @Charles Evans: You are actually behind the 8-ball on this.