Todd Fullerlove
Knoxville TN Banks
30 December 2024 | 6 replies
https://nationalmortgageprofessional.com/news/study-reveals-....Not sure BP will allow that link to post, if not just google " 10000 saved using a broker vs direct lender" and you can find the article.On the flip side, there are some banks and credit unions that could offer products that they do not allow to be brokered.
Adam Oldham
Is Wall Street Crowding Out Indianapolis Home Buyers?
23 December 2024 | 8 replies
Would love to hear your thoughts on this.https://finance.yahoo.com/news/blocked-wall-street-homebuyer...
Caleb Johnson
Comping Homes in Detroit
18 December 2024 | 4 replies
We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
James Wise
Why do people Buy Property in California
14 January 2025 | 189 replies
Just watching the news.
Neil Clooney
Real estate mentorship
18 December 2024 | 3 replies
You should be able to get a good feel for their knowledge and expertise through digital resources they provide (webinars, youtube videos, social content) Character - You need to believe they have your best in mind and they prioritize it.
Stephen Tawiah
Funding For First Real Estate Deal
2 January 2025 | 8 replies
As per chatGPT, closing costs in Ohio are usually 2% - 5% of the price, so maximum: $6950.I'm open to working with lenders of any kind to make this happen.Hate to be the bearer of bad news but no lender will touch this as an investment. you will need to come up with 25% down plus closing costs.
John Reagan Johnson
Marketing Your Rental Property
18 December 2024 | 3 replies
Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!
NA NA
Short Term Rental Questions
12 January 2025 | 7 replies
In other news, it may be tempting to purchase a waterfront property at a deep discount along the Western Coast but beware, you might get flooded in the next hurricane unless you want to do a teardwon and build on stilts.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Absolutely you can, I rolled over my IRA into a fund making double-digit returns.
Austin Tess
New property questions!
7 December 2024 | 7 replies
The current owner is usually not be very inclined to give the news to the tenant out of concern that the deal does not close and they have to deal with the vacancy.