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26 November 2024 | 21 replies
Cleaning after every tenant does great, but every so often, you need a deep clean.
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27 November 2024 | 9 replies
Its a slow grind since I don't have partners so building each brick at a time is what I'm willing to do .
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25 November 2024 | 6 replies
It can be slow as molasses.
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28 November 2024 | 5 replies
There should be other options, however with an LLC and fourplex - yes, DSCR is by far most likely to be your best option unless you do the heavy lifting with local banks and credit unions (and these are increasingly not great options for this type of stuff as they move painfully slow and are under lots of regulations and restrictions)2) I haven't yet reached out local banks, but seeing the quotes from brokers makes me wondering if Banks may be better?
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18 November 2024 | 1 reply
Investment Info:
Condo buy & hold investment.
Purchase price: $280,000
Cash invested: $7,000
Light rehab, rent, and 30 month balloon to refinance. After 30 months I will have paid the loan down a...
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23 November 2024 | 1 reply
Two Years into My Multifamily Real Estate JourneyFor the past two years, I’ve been diving deep into multifamily real estate.
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26 November 2024 | 46 replies
In my experience RE investing is a reliable way to get rich slow, provided that you’re willing to invest steady effort and attention into the proper management of your portfolio over an extended period of time.
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18 November 2024 | 0 replies
Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?
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26 November 2024 | 3 replies
Real estate is VERY slow to react and will take a minimum of a year before we see how the Presidents economic policies affect us.
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5 December 2024 | 87 replies
I have not yet bought a note as they have been slow to roll in (I am particular about performing first position) and there was a hiccup initially with my setup but i have seen a few come across in the past month.