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28 January 2025 | 10 replies
The limited housing supply has resulted in increased competition among buyers and higher prices.
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30 January 2025 | 19 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.
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28 January 2025 | 5 replies
But it can be frustrating if you're on a tight time limit and don't have the patience of Job.Many hosts feel like a simple site that looks professional and is robust, does just as well for half the cost.
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10 February 2025 | 59 replies
My recollection is (and insurance experts on BP can correct me if my memory is wrong), but most insurers will only pay "replacement cost" policy limits, if you actually replace the damaged property.
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29 January 2025 | 0 replies
This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.
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1 February 2025 | 4 replies
That means:🚫 No posting on social media🚫 No blasting your deal to an email list of strangers🚫 No promoting your syndication on a podcastThe SEC is clear: “No general solicitation or advertising to market the securities.”If you want to publicly advertise, you’d need to use Rule 506(c)—which requires investor verification and limits you to accredited investors only.🚨 Warning: If you advertise a 506(b) deal publicly, your entire offering could be invalidated, leading to legal consequences.2.
29 January 2025 | 20 replies
We are not large scale but we do own properties in multiple states and are aware of the limitation of a subjective line like "should have rented in a hot market".
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31 January 2025 | 2 replies
However, if your time is limited or you don’t want to deal with tenants directly, hiring a property manager can make your life much easier—just be sure to choose one with solid local experience.Are you currently house hacking in Chicago?
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28 January 2025 | 14 replies
You'll still need some liquidity for reserves and to be reimbursed for work completed in draws, however its usually limited to 10-20% of the rehab budget needed in reserves to make the deal work.You're welcome to DM for more details if interested. 👍 Good luck!
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21 January 2025 | 13 replies
That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.