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13 December 2024 | 13 replies
WikipediaLow crime rate: Never invest in any city on this list: The most dangerous cities in America, rankedLow operating costs: Good indicators of a pro-business climate include:Property taxes: State Property Tax Rates - Rocket Mortgage.State average insurance cost: Insurance - ValuePenguinState income taxes: Tax FoundationLow risk of a natural disaster: Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.
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11 December 2024 | 7 replies
When they ask the nature of my business, do I advise that I'm a real estate investor?
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15 December 2024 | 12 replies
And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned
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24 December 2024 | 44 replies
The market can be tricky with its block-by-block nature, but it's been a great fit for all-cash purchases like yours.I also have a team on the ground in Detroit that helps manage everything from finding deals to overseeing rehabs, which is crucial for out-of-state investors.
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30 December 2024 | 819 replies
its just human nature and reality..
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15 December 2024 | 18 replies
@Mike Lambert I'm curious about the nature of your investments in Mexico, geo area, type of investment, etc?
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16 December 2024 | 7 replies
With this national exposure the investor producing the highest LEGITIMATE bid has just established “the market” price.I have found some strategies effective in building real wealth through real estate investing1.
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13 December 2024 | 7 replies
This is a good thing if you want to do some rehab, but again, you must be very strategic about how much money you put into a place, knowing it won't naturally appreciate beyond what you create in improvements.4) We're having a bit of a zoning crisis.
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11 December 2024 | 4 replies
That will dramatically change the nature of the wholesaling business with the legal compliance factor that agents need to comply with.
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15 December 2024 | 12 replies
You could reach out to the folks at The Nature Conservancy and they could provide additional info if that route sounds appealing.