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26 December 2024 | 8 replies
Quote from @Paige Corsello: Hi Bobby, the majority of my business is in Pittsburgh, PA and Florida Paige I can go 80% cash out in PA In FL I can go 75% cash out and 80% rate and term
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30 December 2024 | 10 replies
I think a majority of owners voted to mandate sales and rentals go through the board first..at some point.
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31 December 2024 | 3 replies
This could be a huge problem, as the "the rent is too damn high" people will be extremely upset with huge surges in the cost of living, felt acutely in some major metros.3) 2027-2029 should see a return to a more normal inflation adjusted rent growth curve, with the caveat that if supply continues to remain relatively low, we could see national rent growth outpace inflation in these years as well, so long as interest rates remain high.
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26 December 2024 | 9 replies
They’re built for heavy use and have faster drying times—usually 30–45 minutes—without needing major electrical changes.If you’re up for a bigger investment, adding extra stackable units in the garage could be a great long-term fix, though it’ll mean some electrical work and setting up proper ventilation.I’d probably go for the commercial upgrade in your current space first—it’s quicker and might solve the bottleneck right away.
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2 January 2025 | 18 replies
Once rates change direction and start a new directional trend, it usually takes a major event or change in fundamentals to reverse again.
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4 January 2025 | 26 replies
The majority of people are using AI the wrong way.
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25 December 2024 | 6 replies
Amortize your major repairs (roof, hvac, built in appliances) and add an estimate for small maintenance.This feels not terrible to me.
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5 January 2025 | 24 replies
Here's a quick breakdown:Unforeseen Property Issues: Hidden damage, bad tenants, major repairs – these can eat into profits.Vacancy Woes: Empty units mean lost income, impacting cash flow.Market Downturns: Property values can drop, affecting your investment's performance.
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27 December 2024 | 0 replies
The house, built in the early 1900s, was outdated and required major renovations.
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10 January 2025 | 13 replies
And all of this happens during the contract period reducing purchasing risk.Great strategy especially when practiced just on the outskirts of a major metro area in a country setting(a weekend getaway property that can be marketed to city folk).