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16 December 2024 | 7 replies
I have also purchased resid. and comm. properties where the landlording/property management was really poor.
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16 December 2024 | 21 replies
The bulk of properties run by small private landlords are managed rather poorly by people who don't know what they're doing and really have little idea about how to get better at it.
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18 December 2024 | 3 replies
Due to past poor management of the environmental infrastructure, the river has become illegal to swim in in certain parts, and after rain falls the entire river is off limits to swim or fish in due to the heavy amounts of pollution ending up there that the city has not had the infrastructure to deal with in the past.But this all began to change in 2017, when the Virginia General Assembly passed the largest infrastructure project in Alexandria's history to make the Potomac River swimmable, and fishable by the year 2040, and they have made significant progress recently with the completion of the 2 mile long, 100-foot deep Waterfront Tunnel named Hazel.Named after environmental activist Hazel Johnson, the Hazel Waterfront Tunnel will prevent millions of gallons of combined sewage from polluting the region's waterways.
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18 December 2024 | 23 replies
Depends who you ask and how secure you feel about your income On the one hand being debt free is great, but leverage allows us to build our wealth quicker.RE investors are notorious for being cash poor, so I would avoid thatIf youre able to comfortably save 100k a year and have enough reserves, I think buying leveraged properties is the best way to scale.You could kill two birds with one stone theoreticallyThey say paying an extra month a year towards principal saves you 7 years on a 30 year fixed mortgageUsing that logic you can add 2+ months a year on your primary, and buy 1 property a year and keep enough reserves.
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15 December 2024 | 8 replies
This is maintained by the specific attorney’s office for the specific foreclosures they are performing.Although very profitable, Foreclosures are a poor choice for wholesaling, unless you have substantial capital.
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9 January 2025 | 44 replies
Obsession isn't a bad thing in this case as long as you don't make poor decisions just to "get in the game"It sounds like your motive to get in real estate is a good one if you are looking to help other people.
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11 December 2024 | 29 replies
This doesn't mean you cant reject an applicant for other reasons you typically would such as income, poor credit, or criminal background.
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11 December 2024 | 8 replies
First, is poor management.
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10 December 2024 | 7 replies
I wouldn't have to wait longer to prove my income on something that price.However, I'm wondering if it's a good investment or, like someone told me, "if house prices are that low, you'll likely be in a poor area and not have great tenants."
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24 December 2024 | 44 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.