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6 February 2017 | 28 replies
@Tom Ott the old rust belt cities have such huge swaths of demographic shifts with erosions of values to the point the homes cost 1/4 of what they would cost to rebuild .. these areas have turned into the land of the turn key operator or landlord rental area.. and as such the values are more commercial in nature IE they will never really move unless rents move... as long as rents are stable ( which in my 20 years of working in those markets they have) Investors just back into what they will pay for a given cash flow.. the property is just a vessel if you will.. since there are more homes than butts to put into them in many of these areas.. like Detroit you could bull doze 30k homes and still have left over housing for the population.Down town resurgence is happening in virtually every big city as the millinial buyer and older folks as well are tired of commuting and want a different life style.. and developers are filling that niche.I know in Portlandia its very true.
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18 March 2017 | 11 replies
RentX (and similar rental places) won't let you rent it if you tell them what it's for because there's too much risk you'll flatten the tires by running over nails (I personally patched 5 holes in the 4 tires on the car hauler trailer I used - so I can verify it's true).
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21 February 2015 | 8 replies
Here is the info..First, it's in good neighbor hood.Owners are tired of being landlords and just want what they oweExisting mortgages 207kARV 245-250kRents for $1750Needs 5-10k to get rent ready ...
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8 April 2019 | 50 replies
The tired landlords I buy from like the monthly and are focused on that because that's what they've been getting for decades.
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24 June 2019 | 39 replies
Gary Keller has been talking about "buyer's fatigue" - people getting tired of chasing after the market or are worried if they sell their house, will they find a suitable upgrade?
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8 July 2019 | 16 replies
I tend to buy E / vacant foreclosures or estate sales the most, but C properties with tired landlords can be really motivated sellers and “off market” so others aren’t competing for the deal.
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23 May 2019 | 14 replies
About 2 years ago I began to get tired of "the rat race" and began reading and researching about real estate investing.
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26 June 2016 | 19 replies
He's a flipper and getting tired of the working-class property management headache.
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21 December 2020 | 9 replies
Currently 8 pages and I'm tired of writing, ready for action.
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21 April 2015 | 14 replies
Because if it doesn't support those costs, when you add additional units or grow tired of being so active with your property you know you are purchasing something that supports that decision or option.