Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
Starting with something near your market that you know the area, can drive by the property and meet people in person will get you more comfortable with the risk of owning property.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
Since it’s a new build, I was able to negotiate some great perks, like a 5.875% interest rate, no closing costs, a fridge, blinds, and even a backyard firepit.Pros:Good school districtLow interest rateMinimal CapEx and repairs (because it’s a new build)Low insuranceHigh-quality tenants (due to the school district and being a new build)Cons:Lots of new builds in the area, which could drive down prices and increase vacanciesThe Numbers:Price: $290KInterest Rate: 5.875%Down Payment: 25%Monthly Mortgage + Insurance + Taxes + HOA: $1,480 (I got really low insurance since it’s a new build and Alabama’s property taxes are low)Property Management: 10%Rent: $1,800 (this is under market because I wanted to rent it quickly—most units in the area were sitting vacant for 100+ days.
Dillon O.
Off Market Buyer/Seller Agent Commission -
3 January 2025 | 3 replies
The agent "worked" for 2 hours at the most including drive time to the closing.
Devin James
How do you balance striving for more and contentment?
1 January 2025 | 3 replies
Once I reached that goal, the drive for the next one felt just as strong.Reminder to enjoy the journey and that it’s not about the destination.Every goal you reach, you will enjoy it for a short time, then be on to the next one.How do you balance striving to do better and for more while understanding that it will never be enough?
Jordan Ray
New investors getting Stuck on list price
18 December 2024 | 11 replies
The list price is just a data point used by the seller or listing agent to drive traffic.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
It's a 2.5 hour drive away from NYC and at the time it was still cash flowing exceptionally well.
Evan Coopersmith
Looking to buy a multifamily property in 2025
14 January 2025 | 19 replies
And of course, will gladly drive somewhere for a couple days, park myself somewhere and work-remotely as needed.
Justin Crump
Realtor.com by Julie Taylor Market Trends for 2025
5 January 2025 | 4 replies
I'm finding that this strategy is helping people, building repour with people, and continuing to keep business moving forward while some say it's hard and sit on the sideline to wait until there is mass movement.Appreciate your time and reply and good to hear that you're experiencing some similar action a couple hours' drive away.
Alan Asriants
Rent by the room? Is it a good idea?
26 December 2024 | 9 replies
I stay in the basement, I went thru ups & downs like everyone else, What has worked for me lately is renting to senior men (55+).
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
Report it to the credit bureau as a loss - and they won't be driving a new car, getting a new phone, renting/buying home until they settle with you.