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17 October 2024 | 0 replies
If there are any NY market stats/comparisons, you'd like to see in the future, post a reply or shoot me a PM.Below is a quick Q3 comparison between this year and '23 for Suffolk County:Summary:- Single Family values continue climbing- Multifamily Properties are selling faster than last year - Market activity (sold properties) has remained steadyMultifamily sale prices have (slightly) dropped despite sales activity remaining similar to Q3 last year.
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24 October 2024 | 16 replies
DSCR Loans can finance property types that conventional loans cannot (non-warrantable condos, condotels, unique properties or mixed use properties...)Jay was going to say those things as other Ifs i am pretty sure!
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24 October 2024 | 4 replies
I have invested remote properties for buy & hold in GA, I’m wondering if it’s possible to manage on my own ?
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25 October 2024 | 10 replies
I just bought a 6 unit property with rents that are grossly under market. ($550 when it should be $1400).
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17 October 2024 | 3 replies
Sometimes you buy low, sometimes you buy high.But as long as you stay in the market, you benefit from the tendency of the market to go up over time.People think of buying a house as this one time thing, but it’s actually more likely that you will buy, sell, refinance a few times over the course of 30 to 60 years.
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24 October 2024 | 3 replies
Also, you can find a lot of properties that need renovation, which looks like you’re looking to do.
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19 October 2024 | 3 replies
Otherwise when you sell the house run the water a lot before you sale to the next person.
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24 October 2024 | 16 replies
For that reason I've decided to go the turnkey route on my first property.
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24 October 2024 | 7 replies
I think that most people here on BP stacked their portfolio 1 property at a time.
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28 October 2024 | 15 replies
I live in brickell and do projects in columbus ohio just moved to miami 6 months ago. happy to take a crack at it. we own all our floorplans as intellectual property starting to look at licensing deals. we design compact well designed homes for investment but miami is a whole other animal