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28 January 2025 | 7 replies
Happy to serve as a resource if you have any questions about the local market.
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29 January 2025 | 0 replies
Investors who are active in gathering data on local trends while working with knowledgeable agents are able to pick neighbourhoods poised for growth and also comprehend how to best mitigate their risks as they prepare to maximize their return.Myth 3: Distressed Properties Are in Bad LocationsAnother misconception is that distressed properties only exist in bad neighborhoods.
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31 January 2025 | 17 replies
Heck my local credit union pays 3.5% on its basic account.
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8 February 2025 | 6 replies
If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.
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29 January 2025 | 6 replies
If you are willing to live in urban areas you may want to talk to a local bank in your market and see if they have any incentives or grant loans for certain areas.
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5 February 2025 | 6 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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17 January 2025 | 21 replies
Being a part of the local REIAs in both towns can help you understand more of what is going on.
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20 January 2025 | 4 replies
As a Florida Real Estate Attorney and Investor, I have seen investors do their best networking with local groups.
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5 February 2025 | 2 replies
So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!
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21 January 2025 | 5 replies
I second all that has been said above - all of those folks referenced have been really helpful to me and have added lots of value to so many BP community members, especially in our local marketplace.