
8 March 2024 | 121 replies
What happens when inventory goes from 3.5 months to 5 months to 7 months quickly as in within 6 months?

7 March 2024 | 9 replies
On here you'll get so much conflicting advice it can get very confusing quick.
7 March 2024 | 8 replies
Sometimes it is best to pull the band aid off quickly.

7 March 2024 | 7 replies
Quick Update: I spoke with a property manager service company today and he was able to provide me more insight.

5 March 2024 | 9 replies
Hard money, creative financing, or traditional financing should be viewed as different tools that you can use; try not to worry too much about finding one, singular way to finance every deal.For example, if you are buying an off-market deal from a family member, you may want to see if you can use traditional financing or creative financing since there's no competition and you'll get the most attractive/flexible terms.On the other hand, if you see a newly listed deal on the MLS, you may want to look at hard money since it can fund quickly like cash.Hard money loans are more expensive so you'll want to plan your exit before you get in whether that be refinancing into a long term note or selling the property.Hope this helps!

6 March 2024 | 3 replies
What would be the proper solution to this in order for a potential buyer to be attracted to this deal and inherit the tenants?

7 March 2024 | 15 replies
While interest rates may be higher, these lenders can provide quick financing for real estate investments.Remember to consult with legal and financial professionals to ensure that any alternative financing strategies comply with local regulations and protect all parties involved.

6 March 2024 | 12 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

6 March 2024 | 9 replies
CAP Rates can be a beautiful thing, they allow an investor to get a quick comparison of properties without digging too deep into the deal.When using CAP rates on MHPs I want to give a few warnings because there are additional variables to consider.

7 March 2024 | 27 replies
Also, after a quick search into Philly and PA, they’ll let anyone be a contractor with no experience at all, so that’s not an obstacle!