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8 February 2025 | 2 replies
If you want to be mentored your best bet is to go work for a company - most CRE is not a single individual and CRE is fast moving and things happen fast and you can't structure a "follow me to learn" without working for someone
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9 February 2025 | 9 replies
Also, new to the platform BP has here, what exactly are "the boards" 😅Sorry.
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18 February 2025 | 2 replies
The good thing about the houseGood monthly cash flowGood interest rateIf its a headache property, I would sellIf it doesn't have much maintenance and you have good tenants, I would keep it.If you do decide to sell, you have about $200,000 of equity which you can buy 2-4 houses with when the market is more favorable.
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3 February 2025 | 6 replies
My question is: If the HOA changes the bylaws to ban smoking (which they plan to vote on), and the lease held by the smoking tenant only specifies no smoking "within the unit," is there any legal recourse for the smoking tenant?
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21 February 2025 | 9 replies
Even if we do know the exact transfer tax, we haven't seen the contract to know if the transfer taxes are being paid by the buyer or the seller or if they are being paid 50/50.
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6 February 2025 | 7 replies
I am in the Akron/ Cleveland Ohio area.
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30 January 2025 | 19 replies
I had seen the article last week and it is very informative for a remote investor.
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1 February 2025 | 56 replies
The higher the risk, the higher the cap rate, the lower the price.My advice to anyone who is getting started: buy something safe.
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18 February 2025 | 24 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?