Jen Menchaca
Jonesboro, Arkansas Cashflow
29 June 2024 | 8 replies
Jonesboro is growing rapidly & would be a great investment area to add to your portfolio.
Ethan McManigle
I need some advice
1 July 2024 | 23 replies
I've had plenty of local banks in Cedar Rapids, Iowa willing to loan on deals less than $100k.
Julie Muse
Quick Profit on Pennsylvania Ave: Whole-tailing Success with Matt Rzodkiewicz
28 June 2024 | 1 reply
Quick Turnaround: Whole-tailing allows for rapid transactions, minimizing holding costs.
Jonathan Feliciano
Is the last, affordable city a good place to invest?
30 June 2024 | 28 replies
Columbus offers a diverse economy, strong rental demand, and a rapidly growing population.
Matt Hubert
Advice on Using Equity
26 June 2024 | 4 replies
Cash-Out Refinance: If you refinance the property, you can pull out cash based on the equity, which can be used for down payments on BRRRR properties.Collateral for Loans: The farm can be used as collateral for obtaining loans for other investment properties.BRRRR Investments:Immediate Cash Flow: BRRRR properties will likely generate some positive cash flow right away.Faster Turnover: BRRRR allows you to recycle your capital more quickly, aiding rapid portfolio growth.Initial Investment: $60,000 can potentially fund multiple BRRRR properties, providing diversity and multiple income streams.Farm Investment:Emotional Value: Maintaining the farm within the family has intrinsic value that cannot be quantified.Long-Term Appreciation: The farm's value may appreciate significantly over time, providing a substantial future asset.Monthly Cost: The $400 monthly cost needs to be factored into your budget, as it’s a non-cash-flowing asset in the short term.Decision Points:Emotional vs.
Austin Nicol
Choosing a House Hacking Market?
25 June 2024 | 7 replies
Here’s a detailed breakdown of these two types of markets and the factors that contribute to each:Cash Flow Market, a cash flow market is one where rental income exceeds the expenses of owning the property (mortgage, taxes, insurance, maintenance, and property management), resulting in positive monthly cash flow for the investor.Key Characteristics:High Rental Yields: Properties typically have high rental yields compared to their purchase prices.Stable or Slow Appreciation: Property values increase slowly over time, if at all.Lower Property Prices: Generally, property prices are lower, making it easier to achieve positive cash flow.Higher Rental Demand: Strong demand for rentals due to economic factors, demographics, or local employment conditions.Factors Contributing to Cash Flow Markets:Economic Stability: Stable job markets and steady local economies that support rental demand.Rental Market: High percentage of renters compared to homeowners.Affordability: Affordable property prices relative to rental income.Local Policies: Landlord-friendly laws and regulations.Appreciation Market, an appreciation market is one where property values increase significantly over time, offering substantial capital gains upon sale, but rental yields may be lower, resulting in lower monthly cash flow.Key Characteristics:High Property Value Growth: Significant annual increases in property values.Lower Rental Yields: Rental income may not cover the monthly expenses, leading to lower or even negative cash flow.Higher Property Prices: Generally higher property prices, which can make it harder to achieve positive cash flow.Strong Economic Growth: Rapid economic growth, population influx, and development.Factors Contributing to Appreciation Markets:Economic Boom: Strong local economy with job growth and high-paying industries.Population Growth: Influx of people moving to the area, increasing demand for housing.Infrastructure Development: Significant investments in infrastructure, amenities, and services.Desirability: High quality of life, good schools, and attractive neighborhoods.I hope this information finds you well.
Geoffrey Paugam
Out of state Investing
25 June 2024 | 51 replies
Investing in Ohio, specifically Cleveland, is a great idea in my opinion.Recently, we have been breaking grounds on large development plans such as the Cleveland Cavalier's Perfomance Center, Blue Abyss aerospace training facility, Sherwin Williams HQ, and not to mention the multi million dollar Metro Health development that was completed recently that has just started adding rapid appreciation in the Clark-Fulton area.These projects will only increase demand and most are in the beginning phases.
Zane Ritter
The Next Move - Attempting to Start
23 June 2024 | 25 replies
However, the home is in an A-class area that is rapidly growing and could prove profitable once the property could be refinanced at a lower rate.
Julie Muse
Robinson Ferry Rd: Swift Sale Success with J.L. Beasley!
22 June 2024 | 0 replies
This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly.
Julie Muse
South Holloway Church Rd: Quick Flip Success with Julie Bilyeu!
22 June 2024 | 0 replies
This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly.