Carter Fleck
Keeping My Finger on the Pulse of the Property Management Industry – Seen any sales?
24 January 2025 | 1 reply
Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.
Kristen Haynes
Charlotte is expected to grow leaps and bounds in the next 25 years
25 January 2025 | 2 replies
The growth of 1.6 million additional residents will require investments in infrastructure, housing and transportation, the organization added.The numbers were provided by the group’s research team with data from the North Carolina Office of State Budget and Management and the South Carolina Department of Revenue.
Justin Brin
Where is everyone moving to?
29 January 2025 | 10 replies
Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.
Luke Hamlin
Equity/Financing an Investment Property
29 January 2025 | 3 replies
In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.
Rory Darcy
out of state investor wanting to invest in wisconsin or illinois
27 January 2025 | 12 replies
I'm based in WI and there are several people from NY investing here, some successful and some not---the common thread I see from the ones that are not is that they relied on someone else for information instead of investigating, VERIFYING and doing their own due diligence.
Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 replies
You are correct, it is common for DSCR lenders to require the borrower to be a business entity in Florida, and some other states sprinkled across the US.
Aaron Wolman
Looking to split utilities for the first time
29 January 2025 | 3 replies
You're also able to work with the utility company to install an additional meter.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
Tribes might even provide additional incentives, like grants or infrastructure funding, to encourage investment.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Section 8 would tend to carry higher repair and as a result, additional vacancy.OP’s definition of cash flow is rent minus piti.