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12 February 2025 | 3 replies
--AI Analysis----ChatGPT pointed out that the math for Ten flips per year, the text shows$787,500 for Year 2, when it should be $1,012,500, adding that for Year 3, the result should be $4,556,250 as the initial investment should Gemini said this:The math for the "POWER OF FLIPPING Case Study with $50,000" appears to be accurate, based on the information in the source.
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22 January 2025 | 12 replies
“A new Michigan law bans many landlords from rejecting tenants based on source of income, like housing vouchers, veterans’ benefits or Social Security.Gov.
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24 January 2025 | 6 replies
I would make sure financially you have a good base and then connect with a local agent
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9 February 2025 | 18 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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12 February 2025 | 12 replies
@Markus Shobe Haha yep it seems like I just need to create my own...I already use a bunch of spreadsheets so that's fine, I can do that, I was just curious to if anyone had a base model/template I could use. :)
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12 February 2025 | 1 reply
In Philadelphia, for example, landlords cannot deny a Section 8 tenant based on credit score—only for violent crimes or drug offenses.
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12 February 2025 | 5 replies
Hey Drew based on what you said about the inspection I would do an inspection contingency that would allow you to get the seller to cover some of the expenses through closing cost credits.
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11 February 2025 | 4 replies
Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.
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3 February 2025 | 6 replies
Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona.
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3 February 2025 | 5 replies
These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!