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1 May 2024 | 7 replies
Yes, I highly recommend you check out Baselane!
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2 May 2024 | 20 replies
Appreciation is just the cherry on top.The last few years Toledo somewhat caught up with appreciation but I believe we are capped now.It's a slow moving market and always behind the rest of the country.There is just not enough demand/infrastructure growth like in other markets to support continued appreciation.Historical data shows the Toledo market appreciating at the pace of inflation which is nothing to brag about hehe.IMO, it's a cashflow play and you should consider building a larger portfolio because it will be safer.Owning 1-2 properties can be a "hit and a miss" and really not the providers or PM's fault.There is a high likelihood of turnover so it's important to build a larger portfolio.If you experience "drama" on 1 or 2 properties, the other 4-5 are performing and can subsidize any losses incurred on the few that temporarily aren't performing.Wishing you much success
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1 May 2024 | 14 replies
Unless its a fixer upper if you make high cashflow out the gate it's likely to have high turnover.
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30 April 2024 | 2 replies
A gas station location can have high VPD numbers, but if it is on the exit path from a freeway (as in, on the side of the road leading away from the freeway) it will do much worse than if it is ON THE WAY to the freeway.2.
1 May 2024 | 7 replies
Any pointers on how should I run numbers to compare two cases.Case 1: Rent home A, Buy Home B @7.5%, with potential refinance at 3.5-4% ( ifff thats feasible ) after 2 years, once the rates are down. ( i know high hopes , but I dont think 7.5% is the new normal ).Case 2: Sell the home, get equity out, pay the whole equity ( dont know if thats wise ) towards downpayment of home B, reducing loan amount to approx 320k.
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1 May 2024 | 11 replies
BTW, there are plenty of areas here in Atlanta that are still seeing high demand and appreciation, despite rates and inflation.
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30 April 2024 | 140 replies
The two don't come anywhere close to comparing, I could walk a class of 6th grades through this math, it's that simple.
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29 April 2024 | 64 replies
I highly suggest you check it out.
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29 April 2024 | 2 replies
I made some resources for my out-of-state investors like a neighborhood graded map and contractor rolodex that I can share with you!
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1 May 2024 | 3 replies
Hey everyone, I'm a highly seasoned multi-family investor and developer in Canada, with a track record of successfully developing over 800 units.