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23 October 2024 | 27 replies
I remain positive that everything will work out!
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17 October 2024 | 0 replies
If there are any NY market stats/comparisons, you'd like to see in the future, post a reply or shoot me a PM.Below is a quick Q3 comparison between this year and '23 for Suffolk County:Summary:- Single Family values continue climbing- Multifamily Properties are selling faster than last year - Market activity (sold properties) has remained steadyMultifamily sale prices have (slightly) dropped despite sales activity remaining similar to Q3 last year.
21 October 2024 | 1 reply
Also, you may be required to pay homeowner’s insurance and prorated property taxes for the remaining year.Inspection/appraisalLike buying residential properties, investment properties are subject to inspections and appraisals.
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17 October 2024 | 9 replies
As long as the properties managed remain under 4 units a piece, it's FREE!
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18 October 2024 | 0 replies
While the housing market nationwide remains neutral, Atlanta joined a growing list of large Southern metro areas that have tipped in favor of buyers.
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26 October 2024 | 25 replies
My bet remains the same though.
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18 October 2024 | 7 replies
Do remaining members get first right of refusal to buy Member A out?
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16 October 2024 | 1 reply
Though the timeline for the project remains uncertain, the vision is clear: Chicago is poised to lead the future of technology.
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18 October 2024 | 5 replies
You may be able to capitalize on this if your area has experienced similar growth.Simplification: Selling would allow you to focus on your new single-family investment properties and potentially expand in those markets.Capital for other investments: The proceeds from selling could be used to fund other potentially higher-yielding investments, especially if you use a 1031 exchange.Small town limitations: Depending on the specific town, there may be limited growth potential compared to larger markets or more popular tourist destinations.Given the stable cash flow, low remaining debt, and your established experience with the property, keeping the fourplex seems like a solid option, especially if it's in a location with STR potential.
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17 October 2024 | 26 replies
The seller remains personally liable for the note BUT no longer owns the property2.