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7 February 2024 | 21 replies
Some of things that I’m currently researching are migration patterns in specific markets.
7 February 2024 | 18 replies
Since I terminated the PMC my tenant also confirmed that a smaller repair was done on something but the PMC told me in their quote more work was needed for that specific item.
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6 February 2024 | 3 replies
If anyone is interested in more specific details, please DM.Thanks,
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6 February 2024 | 6 replies
Good luck and happy to chat more if you need anything specific; I have dealt with my fair share of wholesalers over the years!!!
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5 February 2024 | 5 replies
Buyers must adhere to specific guidelines and deadlines, and any errors or omissions in the bidding process can result in disqualification.Potential for Hidden Costs: While HUD homes may be priced attractively, buyers should be aware of potential hidden costs associated with repairs, maintenance, and renovations.
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5 February 2024 | 6 replies
There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factors influencing a good cap rate include:/ Property location/ Building condition/ Asset type (class A, B, C)/ Overall real estate market dynamicsTaking these into account helps set realistic cap rate expectations, but historically, rates between 4-10% are often seen as solid.Of course, a “good” cap rate for you might fall outside that range based on your investing goals and the specific property/market, so don’t get hung up on chasing a specific cap rate number.What is a good cap rate for your market?
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5 February 2024 | 4 replies
Great choice focusing on mortgage note investing (best way to get into real estate in my opinion).Would love to hear your thoughts on the strategy you'll pursue to get into the secondary mortgage market.What type of loans (1st, 2nd, performing/non-performing, state-specific, etc)?
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5 February 2024 | 10 replies
I am building my TEAM and currently looking in specific markets in the Los Angeles County areas for 4+ UNIT properties.
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6 February 2024 | 2 replies
I moved to Ohio (Columbus specifically), and I think New Yorkers could do really well in this market compared to what we are used too.If you look at this link, Zillow predicts 3 cities of Ohio as their top 10 hottest housing market in 2024 - https://www.axios.com/2024/01/10/zillow-ranking-hottest-real...Feel free to reach out if you have any questions!
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6 February 2024 | 3 replies
There are no other specifics provided in your example to show why they got lower leverage with the Lender who advertises the higher LTC.