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6 December 2024 | 11 replies
1. coaching- all of the "coaches" were newbies themselves with about 1 year of experience and about 1 deal under their belts and they always disappear after 2-3 months and get replaced with new "coaches".2. networking- they have a FB group, populated primarily by other newbies. go there to answer questions, and it's likely you'll get other newbies saying "good question". there are lots of newbies hoping to get into a deal, but who wants to put together a team where every single person is brand new with no experience?
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9 December 2024 | 20 replies
In my opinion, you can make as much money buying cheap houses as you can buying expensive homes.Affordability is an issue for a lot of Americans so I will argue cheaper cities performed better over the past 10 years than more expensive markets / houses.San Francisco, CA, Seattle, WA and New York, NY are considered expensive markets.If I look at Zillow's price estimate for homes comparing 2016 and 2024San Francisco - Average Price of home was $1,145,000 and now its 1,262,000(Increase of 10%)Seattle - Average Price of home was $561,000 and now its $848,000(51%)New York - Average price was $561,000 and now its $766,000(37%)Memphis, TN, Indianapolis, IN and Clevlenad, OH are considered cheaper markets.Zillow is showing more appreciation in these markets over the same time periodMemphis - Average price was $73,000 and now its $149,000(104%)Indianapolis - Average price was $107,000 and now its $225,000(110%)Cleveland - Average price was $54,000 and now its $109,000(101%)Population increases and job growth are two indicators that result in appreciation.Two of the cheaper markets listed above(Memphis and Cleveland) are not increasing in population.
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5 December 2024 | 7 replies
The rent-to-price ratios here make cash flow realistic, and there’s a lot of revitalization happening that adds appreciation potential.Detroit’s population is officially growing again, and there’s strong rental demand, especially in neighborhoods seeing more development.
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8 December 2024 | 26 replies
While cash flow margins are tighter, Greenville is a desirable area with a strong job market and population growth.
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2 December 2024 | 35 replies
When choosing a location, focus on markets with job growth, population increases, and a diverse economy.
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3 December 2024 | 4 replies
I've been investing in some mixed use in very small towns for past 5-10 years. populations of 1000 - 1500, 8000, 16000 etc.
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5 December 2024 | 11 replies
I purchased my first two multi-unit properties using data and they've doubled in value in 5 years simply because my metric was population growth and movement. 3.
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29 November 2024 | 8 replies
So far, my research shows a good mix of demographics, population, incomes, AND the crime stats seem pretty low... lower than the national average.Anyone investing in Appleton, WI and willing to share your thoughts/experience?
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30 November 2024 | 6 replies
And the Census officially announced Detroit's population ticked slightly higher in 2023 for the first time in nearly 70 years.We're still early innings for Detroit's growth and appreciation.
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1 December 2024 | 32 replies
There are plenty/almost all towns in MN with populations under 2,000 people where you can buy a $50,000 house and rent it out for $600/mo+ and lose your shirt.