Bhakti Patel
Hello BiggerPockets Community!
29 November 2024 | 11 replies
I would start here: Get a Real Estate License in Illinois - Illinois REALTORS - You need to take a 75 hour course and then pass the state and national exam...shouldn't be a problem for you!
Adam Taylor
Understanding the Market
26 November 2024 | 1 reply
According to the National Association of Realtors (NAR), as of 2023, housing inventory remains 40% below pre-pandemic levels, leading to heightened competition in many areas.To be considered a neutral market, not seller's or buyer's, the specific market center would need to have 6 months of inventory.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
Now strapping on our tinfoil hat's; if there were some evil confab of trans-national elite's wringing there hand's saying "we want it ALL muah-ha-haaaa, hey Clause, how do we do it meee-heee-heeh?"
Nathan Gesner
Are rents dropping in your market? You are not alone.
28 November 2024 | 26 replies
Interesting that your market is slowing, but Chris's market is doing well around Orlando.Jacksonville hasn’t been building as many total units as Orlando, but Jacksonville has been top 10 in the nation for building new housing units as a percentage of current stock.
Marita Jojo
Tenants locked themselves out at 10 pm
23 November 2024 | 20 replies
They are often too complicated for tenants to figure out, they have too many ways to fail, and they are often easier to circumvent than a standard key lock.I use Schlage electronic door locks with a simple numeric keypad.
Edward Suess-Hassman
How to Start Out in Real Estate Investing in a High Cost of Living Area
4 December 2024 | 33 replies
It's certainly enough data to point you in the right direction.Otherwise, here's an article I published on the fastest growing economies in the nation, and many of these places are quite affordable and good places to start (Cincinnati, Columbus, Oklahoma City, etc).13 Real Estate Hot Spots You Won’t Want to Miss Next YearI hope my perspective helped.
Mary Ainsworth
Any out of state flippers?
28 November 2024 | 4 replies
The city has good macro economic factors and a strong economy - I looked for cities that were at least better than the national average when it came to population growth, wage growth, median sales price growth, etc 2.
Angel Peng
Utica National Insurance Group
14 November 2024 | 3 replies
Utica National Insurance Group is the one going for $1300.
Yori Dean
Is Wholesailing Still A Thing
24 November 2024 | 7 replies
Wholesaling as we know it is on its way out take some years but these laws and disclosures are sweeping the nation no doubt.
Joe S.
Are second lings still a thing on investment properties?
21 November 2024 | 6 replies
It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.