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6 July 2023 | 11 replies
After each one I would call the agent and ask them "if you were to rank our offer, what place did we come in?
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12 October 2023 | 4 replies
But the other element here is you have to manage those funds...I used my HELOC almost 100% last fall for a private loan, by spring ~6 months later I repaid 80% of it and should have the rest paid off next month.
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24 September 2023 | 13 replies
IMO, using leverage is a matter of timing when you want the income from a portfolio.For example, the more leverage you use, the more your returns will be (assuming you hold long enough to even out fluctuations) because appreciation on your leveraged property will usually provide more wealth than any other element in real estate investing.
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3 May 2020 | 17 replies
Clearly the apparent death of retail, lodging and office sectors as a result of Covid-19 will steer investors into areas of real estate that are not weakened by these type of events, and mobile home parks will rank highly.
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11 May 2021 | 25 replies
The main element that differentiates a “vacation rental” from a “vacation home” is that one will be generating income, and the other won’t.
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4 July 2021 | 17 replies
Yes factoring labor is an important element.
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2 September 2022 | 37 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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13 November 2023 | 5 replies
There are three elements in particular that are affected by this.
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12 September 2018 | 50 replies
For the record I think once you found out they moved your fridge to somewhere not protected from the elements or getting banged up you should have went and got it and stored it yourself.
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14 December 2016 | 15 replies
I'd rank the property as C+_B- range..