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31 December 2024 | 3 replies
Rent growth is a function of supply, demand, and interest rates:- I'd ground any forecast by stating I expect national rents to rise on a pace more or less in line with inflation over any long time period. 2-3% per year.
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3 January 2025 | 8 replies
If it were me I would give them two or three months and respectfully answer their questions but also let them know what your ground rules are regarding taking calls and how you handle things - in other words be polite and also educative as to how you handle things.Good Luck!
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2 January 2025 | 36 replies
They’ll be your eyes and ears on the ground.- Focus on Landlord-Friendly States: Oklahoma is a great example, with straightforward eviction processes and laws protecting property owners.- Stick to B and C+ Areas: These neighborhoods balance affordability and tenant quality, minimizing risk.- Analyze Properties Remotely: Use tools like BiggerPockets calculators to evaluate deals.
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29 December 2024 | 7 replies
You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.
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29 December 2024 | 8 replies
One of the most common mistakes beginners make is jumping into large rehab projects without having a solid team or boots on the ground.
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28 December 2024 | 8 replies
Still looking to build my core four to hit the ground running in this promising market!
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30 December 2024 | 4 replies
Having read several books on the art of estimating over the years, I have found that most are good for a few tips that can help but for a newcomer to the rehab business can leave them on shaky ground.
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29 December 2024 | 4 replies
Here is a quick market update on Valdosta, GA and what we are hearing from others with boots on the ground.
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9 January 2025 | 28 replies
Of course it needed some extra turnover work--landscaping, above ground pool removal, cleaning, trash removal, paint and other small amounts of wear and tear.
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6 January 2025 | 25 replies
I worked with the tenants to set rules such as if any violation comes up that would be grounds for cause.