Steven Moore
What would you do? Bad credit, low personal funds
28 June 2024 | 6 replies
But noted he is getting older and having some health problems.
Adam Beasley
Sell or hold negative cash flow properties?
27 June 2024 | 0 replies
Cons: Added time and mental energyOption 6) Sell the entire portfolio and move cash to REIT index fund -- Pros: Eliminates all time requirement, Eliminates cash crunch, ~9% expected returns.
Dan Powers
Markets with the Largest Returns: Philadelphia Metro
26 June 2024 | 3 replies
Obviously this is an overall average but on the surface these numbers describe a typical West Philly, Olney/Ogontz, or cleaner North Philly deal, which from my experience make up a majority of the inventory available around that price point.What are everyone's thoughts on the health of the Philly market?
Daniel Ben-Hur
Buying a home every 2 years, renting the previous home out, and repeating, good idea?
26 June 2024 | 32 replies
A lot of people don't have a whole lot of interest in living in constant fixer-uppers, so you have to have the right mentality for that.A variation on it, if you want to live in better homes that aren't great rentals, is to, again, buy homes that are under market because they need some work, do the work, live there 2 years then sell for a profit and keep all of your capital gains.
Mary Jay
Do you rent to people with bad credit?
26 June 2024 | 17 replies
The other couple: the guy had an eviction, both have bad credit: 500 and 400.The last couple said they guys mom had health issues and he quit his job to help her...
Connor Golden
What data should I look at before buying in a market?
27 June 2024 | 18 replies
You aim for guests, health workers, students, and travelers.
Dana Kennedy
Housing Choice Voucher (section 8 housing)
25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
Anthony Tenai
Hello BiggerPockets! New PRO here
25 June 2024 | 1 reply
I am passionate about real estate investing and I am particularly passionate about commercial, small multifamily, single family houses, apartments, notes, condos, mobile home parks, self storage, wholesaling, development, short-term rentals, flipping, rentals, BRRRR, and house hacking.Outside of real estate, I enjoy helping fix the financial goals towards retirement, help people looking for health Insurance, Life Insurance and annuities.
Matt Hubert
Advice on Using Equity
26 June 2024 | 4 replies
The property is a farm that has been in the family for about 80 years and is currently held by a family member of deteriorating health.
Geoffrey Paugam
Out of state Investing
25 June 2024 | 51 replies
Investing in Ohio, specifically Cleveland, is a great idea in my opinion.Recently, we have been breaking grounds on large development plans such as the Cleveland Cavalier's Perfomance Center, Blue Abyss aerospace training facility, Sherwin Williams HQ, and not to mention the multi million dollar Metro Health development that was completed recently that has just started adding rapid appreciation in the Clark-Fulton area.These projects will only increase demand and most are in the beginning phases.