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19 January 2025 | 47 replies
It’s more of a solution for owners who need liquidity but don’t want to sell their property outright, interacting with advisers, agents, and other related people that are expensive and may be hard to connect with, or take on additional debt, including such debt like loans from banks and offline interactions, which require valuable time.
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31 December 2024 | 418 replies
These are not specifically real estate related.
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3 January 2025 | 8 replies
I believe that those who buy multifamily in late 2025 and early 2026 have a chance at amazing returns relative to most other asset classes over the back half of the 2020s.
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24 December 2024 | 5 replies
If you have any mobile home investing related questions, feel free to DM.
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7 January 2025 | 27 replies
Given how the housing authority does their rent price determination on individual units, and government ran programs are never beacons of efficient processes, it can go either way.Note, the examples I speak of only relate to C-Class and below areas.
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25 December 2024 | 12 replies
I’ll still try to answer the question: Pros of Kansas City for buy and hold small multifamily rentals: Hybrid market so you get some cash flow and some appreciation (con if you want only cash flow or only want appreciation) Inventory of 2, 4, and 5-50 MF buildings (not true of a lot of markets that only have SFH and very large complexes 100+ units)Relatively low property taxes, although check for the city and state you are in (e.g.
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26 December 2024 | 4 replies
Also consider contacting houses that look vacant, simply door knocking in a neighborhood that you are interested in and talking to the homeowners in a genuine way, For Sale By Owners is another potential, using an App like Nextdoor or Facebook pages/groups related to local real estate and just telling the group what you are looking for, contractors also know about houses coming on the market soon and so do property management companies, and finally garage sales are a good way to find off-market properties as people prepare to sell.To Your Success!
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24 December 2024 | 6 replies
If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!
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3 January 2025 | 40 replies
I know that my *least profitable* "door" right now nets $518.51 every month (I just checked), and that's a number I'm satisfied with relative to the amount of work I'd have to do to improve it, and I'd hazard most people who are door collectors aren't making anywhere near that kind of money on probably their best units.
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30 December 2024 | 18 replies
I'm also relatively young and interested in some more "challenging" investments (although recognizing that I would have to do everything remotely and source through a property management company like yours).