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15 October 2024 | 2 replies
Economic Factors: Are job growth, population influx, or other economic indicators a big part of your decision-making process?
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17 October 2024 | 12 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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14 October 2024 | 8 replies
Wife has already indicated that she may not attend.I really recommend everyone working RE or wanting to work RE should attend at least one BPCon.
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16 October 2024 | 25 replies
Look into local economic indicators, such as job growth, population trends, and migration patterns, to gauge potential demand in specific neighborhoods.Rental Demand: Investigate rental demand in the areas you're considering.
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15 October 2024 | 8 replies
I'm going to put this on a list of leading indicators/warning signs to keep an eye on.
16 October 2024 | 11 replies
IMO a bigger red flag would be poor record keeping on expenses and other documentation that would indicate property condition.Anyway, you're ultimately purchasing the income stream that *you* can achieve, not what the seller achieved.
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15 October 2024 | 4 replies
We believe rehabbing this house could be a great addition to our portfolio.I’ve consulted several architects who’ve indicated that I could potentially build up to seven 1,250 sqft homes on the lot.
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16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
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14 October 2024 | 8 replies
Like the comments before indicated, big banks aren’t always the most advantageous when financing a home.
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18 October 2024 | 37 replies
A BP personality recently indicated he pays $50k annually for his accountability group.