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28 June 2024 | 2 replies
When I've met the dog in person, it's very calm and nice; it just seems to bark a lot when its owner is not home.
28 June 2024 | 10 replies
I have personally been raked over the coals on some south side properties with squatters because I wasn't prepared for the time it would take to stabalize the building.
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25 June 2024 | 7 replies
Here’s a detailed breakdown of these two types of markets and the factors that contribute to each:Cash Flow Market, a cash flow market is one where rental income exceeds the expenses of owning the property (mortgage, taxes, insurance, maintenance, and property management), resulting in positive monthly cash flow for the investor.Key Characteristics:High Rental Yields: Properties typically have high rental yields compared to their purchase prices.Stable or Slow Appreciation: Property values increase slowly over time, if at all.Lower Property Prices: Generally, property prices are lower, making it easier to achieve positive cash flow.Higher Rental Demand: Strong demand for rentals due to economic factors, demographics, or local employment conditions.Factors Contributing to Cash Flow Markets:Economic Stability: Stable job markets and steady local economies that support rental demand.Rental Market: High percentage of renters compared to homeowners.Affordability: Affordable property prices relative to rental income.Local Policies: Landlord-friendly laws and regulations.Appreciation Market, an appreciation market is one where property values increase significantly over time, offering substantial capital gains upon sale, but rental yields may be lower, resulting in lower monthly cash flow.Key Characteristics:High Property Value Growth: Significant annual increases in property values.Lower Rental Yields: Rental income may not cover the monthly expenses, leading to lower or even negative cash flow.Higher Property Prices: Generally higher property prices, which can make it harder to achieve positive cash flow.Strong Economic Growth: Rapid economic growth, population influx, and development.Factors Contributing to Appreciation Markets:Economic Boom: Strong local economy with job growth and high-paying industries.Population Growth: Influx of people moving to the area, increasing demand for housing.Infrastructure Development: Significant investments in infrastructure, amenities, and services.Desirability: High quality of life, good schools, and attractive neighborhoods.I hope this information finds you well.
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28 June 2024 | 29 replies
Can't speak to Manvel or Leander as much other than I have personal friends/family who live in Leander and I love visiting them - it's a great place :) I sent you a PM to connect!
28 June 2024 | 8 replies
And finally (I personally despise this option) you offer cash for keys.
28 June 2024 | 14 replies
TIAEither way, I would get on a plane and check out the cities in person.
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26 June 2024 | 5 replies
As a life long courthouse steps buyer.. reality is U need to learn how to do your own basic search.the reason is only about 1 out of 20 or less props that go into foreclosure actually go to auction and are sold.
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27 June 2024 | 4 replies
That person does work, but we'd want the other person to be financially responsible.
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27 June 2024 | 1 reply
This is one I was personally involved with.
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28 June 2024 | 6 replies
but again, recent changes in the market have made cash flow much tougher just about everywhere.i don't invest in Florida myself but I'd pick a couple markets, go to each one in person, and look at as many places as you can.