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18 February 2025 | 21 replies
Price appreciation followed a similar trajectory.
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11 February 2025 | 25 replies
Support has gone down substantially imo while costs have gone up. big issue for us was the announcement lady year that tenant ACH payments were going from free to $2.50/pop, or you can cover it for $1/unit but you have to do all doors and can’t pick and choose (despite there being a beta that they announced, told me I could join, then later told me I couldn’t join bc it was too late and blamed me for not asking sooner when I literally asked right away and followed up repeatedly).
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14 January 2025 | 25 replies
But I find from personal experience and from my buyers' Airbnb experience that it's a bit of a hassle trying to get guests to rebook at the new listing.I don't know how strict Joshue Tree is at enforcement, but in Denver and Colorado Springs here, you could probably get away with an STR listing for three months without the license.
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22 January 2025 | 5 replies
I find that regardless of the bank you go to, they often follow the same type of rules and can be stricter; however, some might favour you here or there based on the relationship you would have created with them.- My advice; however, is to work with a good mortgage broker as they often have access to more lenders (B or C lenders) that might be more flexible than the 5 big banks.- Finally where to buy: in general, ON, BC are expensive while AB, QC follows and other provinces, such NB, NS, PEI are much much more affordable.
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29 January 2025 | 8 replies
network network network. anywhere there is one in your area go and meet someone and follow up is key after that. there are many good apps to find local RE events
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21 January 2025 | 6 replies
RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.
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22 January 2025 | 3 replies
OKC is the best bang for your buck, followed by San Antonio.
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24 January 2025 | 6 replies
Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have either or all of the following the most "average joes" don't:1.
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30 January 2025 | 13 replies
So while I will reach out, follow up, etc., leaving it primarily to the platform's messaging system or texts has worked out so far, reserving direct phone contact for requests or emergencies (which saves time).
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18 January 2025 | 10 replies
Don't use it strictly as a tool to turn the property into one you want to live in.