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14 November 2024 | 15 replies
In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story venue.
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11 November 2024 | 8 replies
Without it, there's no guaranteed legal status, which could lead to being forced to leave the U.S. and potentially manage property from abroad—a complex and often costly endeavor.Real Estate Ownership and Rentals as a Non-Resident: If you do decide to purchase property and then move abroad, you can keep it as an investment, but it requires navigating tax regulations specific to non-resident foreign property owners.
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11 November 2024 | 6 replies
Cons: Violates FHA terms (due-on-sale clause), risking loan acceleration; makes refinancing and insurance more complex and costly.For now, keeping the FHA-financed property in your name is safest.
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11 November 2024 | 9 replies
Join NARPM, that's also a great resource.The systems to get to a decent portfolio are not complex, especially with today's software.
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8 November 2024 | 3 replies
I approached the REO bank that owned the condo complex a year later when they're still stuck with 30 units and got another one for $40K.
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13 November 2024 | 23 replies
If there are significant developments planned in the area, such as big companies opening, new apartment complexes, hospitals, or malls, it could actually be a brilliant idea to buy properties, even if there’s currently no cash flow.Just something to think about before dismissing it as a poor investment to hold onto.
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11 November 2024 | 20 replies
Some is from nearby development of major mulit family complexes happening in areas like northern liberties, fishtown, point breeze etc.
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11 November 2024 | 12 replies
The state of Oregon and the city of Eugene both have complex and unforgiving regulations that most often favor the tenant, so it is important that you learn about these laws so that you can make strategic choices now that avoid pitfalls later.Fortunately, the Oregon Rental Housing Association at the state level and the Rental Owners Association of Lane county at the local level can provide you with excellent resources.
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13 November 2024 | 13 replies
The more you can tell inquisitive callers about the property, the more likely you will foster a “hot” lead.Tax Assessor’s WebsiteFinding cash buyers may be as straightforward or as complex as you make it; other times, it’s as easy as familiarizing yourself with a local tax assessor’s website.
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9 November 2024 | 5 replies
It's a complex process and there are a lot of unknowns for a first time investor.