11 September 2024 | 0 replies
I'm hoping someone can clarify these two questions for me regarding PA Senate Bill 1173 - which requires wholesalers to have a real estate salesperson license beginning in 2025 - https://www.legis.state.pa.us/cfdocs/legis/li/uconsCheck.cfm...

12 September 2024 | 9 replies
I'm open to connecting with real-estate agents as well!

15 September 2024 | 4 replies
I recommend using an experienced agent to help you buy especially off-market deals to help avoid costly mistakes.

12 September 2024 | 7 replies
Check the Facebook group "Quad Cities Real Estate Investors" I can do some more research and interview some if you'd like a broker that plays in the space all day.

16 September 2024 | 1 reply
The building has been on the market almost a year and is probably still a bit 'overpriced', although I have yet to do a comp deep-dive with my agent (soon!).

10 September 2024 | 3 replies
Hi everyone,I currently own a few rental properties, but I’m looking to transition into real estate syndications.

18 September 2024 | 5 replies
We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

15 September 2024 | 11 replies
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when they don’t qualify for a 3rd party loan (2) obtain financing when the property doesn’t qualify for financing and or (3) extend the “buying power” of their capital contribution (down payment) to purchase a larger more expensive property by having the seller provide a subordinated mortgage loan.That’s all and good, but why should the seller agree to finance the purchase of his property, instead of getting CASH for his equity?

13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

12 September 2024 | 15 replies
@William Pichardo I read and like this real estate quote, "Every BRRRR should be a good flip, and every flip should be good BRRRR."