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30 January 2025 | 11 replies
Looking at this past week's CMI, it's interesting to see the buyer/seller positioning in the SE-ish area compared to the NW-ish area with rates high 6's in JanuaryStill bullish on W/NW future demand due to TSMC factory and other companies (dashboard snapshot below) but time will tell.
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21 January 2025 | 10 replies
And basically I’m just realizing I don’t know how to know if these are reasonable prices or not?
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26 January 2025 | 7 replies
Set up a basic system to manage your listing, update it monthly, and always ask guests for feedback—and don’t forget to casually ask for that 5-star review!
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20 January 2025 | 2 replies
Basically - I want a PM who keeps the property in good shape and occupied to get paid, and a PM who is either bad at maintaining properties and finding good tenants, or just really unlucky, to not get paid.- PM charges 8% of rent, which escalates to 10% if the property exceeds 95% occupancy with rent collection. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
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23 January 2025 | 11 replies
Start with the basics, don’t be afraid to ask questions, and take it one step at a time.
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23 February 2025 | 246 replies
Anyone googling this will see it basically on the first page..
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24 January 2025 | 21 replies
You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.
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19 January 2025 | 47 replies
If they go up the buyer get hosed.
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29 January 2025 | 5 replies
Even if you get something in escrow right away, it's still a 30-45 day escrow period before you would get paid, unless you are working with cash Buyers.
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30 January 2025 | 2 replies
We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.