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3 January 2025 | 9 replies
For example: Flagstar has retail, wholesale and correspondent channels.
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6 January 2025 | 14 replies
Here is one example, and here is another and another.
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4 January 2025 | 9 replies
Is in there, but a great thing you can do now is get your "core 4" figured out - agent/lender/manager/contractor - obviously you can adjust this and do one of the pieces yourself (self-manage for example) or don't need a contractor if you do only turnkey etc but getting this nailed down early is key
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5 January 2025 | 8 replies
(For example, they have the square footage, lot size, or # of rooms incorrect.)10) The value of the property just simply isn't worth what you would have to pay for it.
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3 January 2025 | 5 replies
Areas in PG County Maryland or West Virginia, for example, might offer better opportunities for cash flow with a smaller down payment.That said, if you’re willing to hold long-term, Northern VA can be a fantastic place to invest.
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6 January 2025 | 57 replies
For example, Schwab, massive changes including what I consider bonkers high interest rates.
3 January 2025 | 2 replies
i feel like RE is one of the best examples of the exponential growth or delayed gratification. the small things we do and the connections we make during our real estate journey seem so insignificant at the time. but it only takes 1 opportunity or one phone call to launch us to the next opportunity and then everything starts to build on itself.
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12 January 2025 | 23 replies
Here's an example why:- One of our people made a mistake last year, and entered an expense of $1500 instead of $150 - they accidently typed an extra "0". - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
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31 December 2024 | 3 replies
I'd expect for example, all else equal, for more rent growth in Denver, CO, than Memphis, TN, over the next 20 years, compounding from current rates.
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31 December 2024 | 3 replies
(Late fees would be one example.)