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31 December 2024 | 3 replies
Rent growth is a function of supply, demand, and interest rates:- I'd ground any forecast by stating I expect national rents to rise on a pace more or less in line with inflation over any long time period. 2-3% per year.
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8 January 2025 | 12 replies
@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton
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2 January 2025 | 7 replies
I think the unsuccessful and struggling units who have not jumped ship yet will continue to do so, leading to less supply, increasing demand, and a better year for the successful units.
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10 January 2025 | 21 replies
We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front.
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18 January 2025 | 21 replies
At the end of the day, both of these respective vendors/individuals are paid when the deal closes.
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3 January 2025 | 2 replies
Heating costs and interest rates dont help the numbers but demand is high and resale numbers have been impressive
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7 January 2025 | 13 replies
We've got strong job growth (tech, healthcare, education), stable population growth, strong rental demand, and plenty of value-add opportunities in multifamily.
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2 January 2025 | 2 replies
It will cut down on the fake accounts created to promote certain individuals, markets etc.
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1 January 2025 | 2 replies
With its lower price points and strong rental demand, it’s becoming a favorite among BRRRR investors.
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16 January 2025 | 23 replies
If there is an existing lender not agreeing in writing to accept payments from the LPO buyer, then you are in violation of the statute -- and it is a very toothy statute -- vs the seller/landlord side only thoughWe are getting ready to get one in place because the seller is demanding it and my client is the protected buyer.Yes -- you must vet your sub to buyers -- some should not be anywhere near a wrap transaction.Stay safe out thereAlan