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30 January 2025 | 32 replies
Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3.
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27 January 2025 | 3 replies
By understanding the local market and organizing a strong support network, you will unlock varied opportunities for growth and long-run success.If you’re interested in learning more about how to get started or want to discuss specific opportunities in Phoenix, feel free to reach out to local experts or explore educational resources tailored to this market.How many foreclosures are there today vs 2010 or historical average in Maricopa county?
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19 February 2025 | 2 replies
This seems to follow the general overall trend of lower cost areas winning at the expense of those with a high costs of living.
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2 February 2025 | 1 reply
Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping.
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21 February 2025 | 250 replies
This will slow new housing and make it more expensive.
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18 February 2025 | 8 replies
This may result in lower rents and recoverable expenses, but it avoids a future lawsuit against you.
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15 February 2025 | 2 replies
It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.
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14 February 2025 | 12 replies
It's super expensive and within the next few years you'll very likely have an opportunity to refi in to a rate in the 5% range.
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10 February 2025 | 8 replies
Learned about his children, learned about the 60 units of apartments he owns and how he manages to keep the expenses low.
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6 February 2025 | 5 replies
Personally, I use pooled accounts: one for all rents and property expenses*, one for Security Deposits.