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21 March 2024 | 10 replies
Probably best to go local on this for someone to be on the ground and really understand the property and project from the lending side, rather than a national platform
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20 March 2024 | 19 replies
If you are selling $100,000 homes I could understand agents holding on more.
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20 March 2024 | 12 replies
@LaShanti Penn one of the biggest mistakes owners make is not understanding the different risks with different Property Classes.They often look at cheaper properties that are Class C, but expect Class A results.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.
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20 March 2024 | 4 replies
Definitely look up local rent control laws and understand what you are getting into.
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21 March 2024 | 0 replies
Focusing purely on the numbers.Opportunity Cost of Renting: No AppreciationLet's start by understanding the concept of appreciation in the context of real estate.
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21 March 2024 | 8 replies
I just don’t understand why they would allow water to sit in the obviously warping floor for months.
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20 March 2024 | 3 replies
I would recommend you find a fire restoration company/contractor to walk the property with you and give you a good understanding as to what needs to be done.
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20 March 2024 | 6 replies
From my understanding the brokerage they get their insurance through is rejecting the property because they believe the property to be high risk.
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20 March 2024 | 2 replies
the way section 8 works is different in every county across the US and I have been diving into the matter myself for an 8 unit I am considering putting into section 8 in St petersburg Florida.. but from my understanding you would ask whatever rent you are hoping to recieve and the tenant will tell you what their TTP or total tenant payment is and the county is responsible for covering the remainder of the lease as long as it is beneath their FMR fair market rent.
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20 March 2024 | 2 replies
I think that you would have to understand what you are trying to accomplish before discussing compensation.