Melissa Sejour
Fix and flips in Philadelphia
7 January 2025 | 7 replies
In a city like Philly, you will face many challenges - you need to learn the market and know the neighborhood and the block and make sure all of your numbers are within reason, you need very reliable contractors, you need a to understand the permit process, you need to be familiar with market expectations.
Alex Silang
A development company as a catalyst to drive owner occupancy in a "slum"
3 January 2025 | 2 replies
Community engagement: Homeowners have a greater financial stake in their neighborhoods and are more likely to invest in their local communities.
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Alex Hileman
DSCR Lenders for Under $100k Purchase
6 January 2025 | 5 replies
Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.
Chase Pomerantz
Newbies looking to break into real estate investing
7 January 2025 | 8 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.
Daniel Segovia
Adapting to the Current Real Estate Market – Challenges and Opportunities
9 January 2025 | 2 replies
Example - borrower uses loan to purchase a home in a B or C grade neighborhood for 380k, spends 50k rehabbing primary home, uses 200k to put an ADU in the back, appraisal comes back at 925k.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
In the new state where you intend to invest, research real estate valuations, trends, and neighborhoods.
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
CAn some one shed me some lights on how foreigner can invest in Duabi, which firms that I can go through, who are reliable and keep my investment safe and able to get some decent returns, and what are the tax consequences for earning potential from outside the country?
Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
Also, neighborhoods matter.