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30 January 2025 | 10 replies
However, my debt to income ratio with that home loan, and student loan doesn't look that great currently and I don’t have much for a down payment.
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7 February 2025 | 1 reply
-So currently own 7 units in central MA area, soon to be more after my next refinance in 2 months.- Now helping other investors achieve their goals, whether you are brand new or a well seasoned investor.How I Can Help: -Connecting investors with trusted contractors, lenders, attorneys, property managers etc.
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6 February 2025 | 2 replies
I am specifically looking in Essex county, MA because I want to house back close enough to my current W-2 job.
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20 February 2025 | 12 replies
.: New to REI & BP, and debating my first move.My Background:30, single, no kids, no property, high income, fully remote worker$300K to allocate toward real estate (+ $100K/year after tax)Currently renting in NYC but planning to move back to LA (hometown) in summer 2025 or the following yearTired of paying rent and want to start building equityMy Dilemma:1️⃣ House Hack in NYC – Stay a couple more years here, buy a small multi-family now and offset costs with rental income.
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4 February 2025 | 10 replies
Quote from @Devin James: In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original concept already proposed fewer units than the current zoning would have allowed.Here’s what erasing 40 units means:- 40 fewer homes for buyers- Over $1M in lost profit for our team- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & servicesWe gotta get betterEveryone wants more affordable housing, but not everyone wants to do what it takes to achieve it we never listen to the recommending bodies. we move for city approvals and work closely. the other thing we do is keep going back to the same groups over and over and over and over every month on the same agenda and make very small reductions like 2% or 4% and that reduces and beats them down eventually they accept what you want. it's just before beating a dead horse. we keep tabling until they give us something we all agree on then we go to vote. in our city in columbus we have to get recommendations but that's our strategy. we used to come out as aggressive as possible. we typically study developments in the area and keep it very similar in terms of density. we have a track record of very controversial projects and litigation and not taking no as an answer. after a year of that haha I can tell you it's not worth it. now we are more relationship based and buying the right kinds of plots of land. if the numbers don't work on the front end don't do the development.
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11 February 2025 | 183 replies
It's a big 10,400sf corner lot which currently has a 1,614sf 2Bed2bath home.
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18 February 2025 | 8 replies
Hey Everyone, I wanted to see if anybody had insight on my current situation.
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3 February 2025 | 8 replies
I currently work at Deloitte in Cyber Security.
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7 February 2025 | 7 replies
What they are currently using the home for (renting by the room vs renting the entire house to one group) isn't your concern.
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11 February 2025 | 8 replies
Cleveland currently has one of the lowest price/rent ratios in the Nation, with the average home price being $107k and the average rent being $1,416/Mo.