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24 July 2024 | 10 replies
Generally, people doing a live-in flip will try to do the majority of the work themselves and only contract out things they can't do.
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22 July 2024 | 0 replies
I work with people to sponsor deals with them through syndications (and even JV's at times) and have a Multifamily Accelerator (link above) to teach and work with people on their deals.
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22 July 2024 | 1 reply
Hi All,I am planning to invest in a house where rent vs own ratio as below:Rent 16% & Own 84%Is this a bad thing that there is only 16% of the people renting or is this a good thing as there is less people who rent so quality of tenant will be high ?
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22 July 2024 | 17 replies
I dont think these things are hard and fast.. to me look at whats left after the rent is paid is it enough to really live on.So if rent is 5k a month for instance that means tenant needs 15k a month in income pretty standard .. well that tenant now has 10k a month to live on.. most people can make due on that.so if this tenant came to me and only made 10k a month 2X the rent I know they have another 5k a month to live on so sure that works.where this is important is in lower income low rent areas were rent is say 800 a month and 3X is 2400 minus rent leaves 1600 a month for EVERY thing else can you live on 1600 a month ???
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22 July 2024 | 4 replies
Now I see lot of people ( many on youtube) are suggesting that housing market is progressing towards a recession/ correction/crash and prices are going to fall soon.
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22 July 2024 | 14 replies
An investor is probably coming in to understand if there are any big-ticket items they didn't see when they looked at the house that might change their rehab estimate.
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23 July 2024 | 10 replies
My mind is blown by all the creativity and we're lucky that we're in Milwaukee and from my experience, most people are very willing to share their brain with you.
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21 July 2024 | 4 replies
If more people are leaving then coming in, prices should go down?
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22 July 2024 | 4 replies
But asking experienced people to set up an interview with you is unlikely to bear fruit.
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22 July 2024 | 4 replies
These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.