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7 November 2024 | 45 replies
On top of that, the tenants are lower-quality, so it takes more work to maintain communication, enforce the lease, etc.In my experience, the additional work and eventual losses erase any benefits of Section 8.
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9 November 2024 | 87 replies
For the last 20 years the Federal Reserve's dual mandate has been to prop up both the SP 500 and the Nasdaq, not its purported goal to maintain price stability and maximize employment. 5 days ago a collection of Democratic senators wrote a letter haranguing Jerome Powell and asking him to cut by 75 basis points.
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4 November 2024 | 1 reply
The impact on real estate is twofold: increased demand for housing in both the rental and purchase markets, and a shift in housing preferences towards urban, tech-friendly developments with smart home features and high-speed internet connectivity.Relative AffordabilityWhile many markets are pricing out investors, San Antonio is maintaining its reputation for affordability.
1 November 2024 | 6 replies
If your wholesale opportunities ever expand into larger multifamily, definitely reach out to me since I am a full time real estate investor and active buyer for cash flow properties.Enjoy BP!
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1 November 2024 | 14 replies
If deal is under 70% prject cost to ARV and your credit is good, I have gotten 85%/90% for lots of first timers.
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7 November 2024 | 22 replies
House goes into LLC, but if you still have leases outstanding signed by you personally, that can open the door to maintain personal liability.
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2 November 2024 | 8 replies
Hey everyone, First timer here to BP but already loving the networking and knowledge in this group.
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2 November 2024 | 1 reply
Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.
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1 November 2024 | 22 replies
Lawn: if it's in a HOA and you care about maintaining the look of the exterior, owner should take care of lawn.
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1 November 2024 | 0 replies
Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.