Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.
Brandon Patrick
Real estate agents in Phoenix
20 January 2025 | 1 reply
I find properties on the mls and send them to the agent with the offer price.
Steven Radolinski
Insights into the Albuquerque Real Estate Market: Opportunities and Considerations
12 January 2025 | 8 replies
OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.
Shaun Ortiz
How Do You Evaluate Distressed Properties from a Distance?
28 January 2025 | 3 replies
When looking at properties in other cities, I usually start by researching market trends like price-to-rent ratios, crime rates, and growth potential.
Kenny Smith
Best month to sell in 2025....
16 January 2025 | 0 replies
👀Broken down by Denver metro cities, see which month YOUR city had the highest median home price in 2024....✅ Denver - April - $610,200✅ Westminster - April - $570,000✅ Arvada - June - $655,000✅ Thornton - June - $560,000✅ Lakewood - June - $605,000✅ Englewood - July - $600,000✅ Morrison - June - $968,000✅ Conifer - January - $872,500✅ Evergreen - April - $1,200,000✅ Golden - May - $1,025,000✅ Littleton - April - $680,500✅ Parker - July - $715,000Certainly these months/time frames can change in 2025 depending on mortgage rates, inventory in your city, etc.But, if all remained constant, this gives you a ballpark idea of time of year to net the most money
Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
Christy Place
First Flip Attempt
10 January 2025 | 2 replies
, it helps tons when you know someone like your husband that knows how to flip and work on a home himself, a lot of people myself included have no connections at all to flip a home and it could be daunting just thinking about it.Did you get your asking price of $299.633?
Somesh Mukherjee
From Toronto, looking to invest in Ohio!
30 January 2025 | 19 replies
The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.
Michael Reilman
Best Low-Flow Toilets?
17 January 2025 | 14 replies
I think the engineering issues on them have been resolved.I've used a number of different brands (lower price point) and haven't had issues with any of them.
Christina Hall
Best skip tracing website?
29 January 2025 | 40 replies
Versium has a higher purchase price.