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28 June 2024 | 10 replies
Haven't seen the other two come to fruition...or if they have, I haven't found out.Demand might be really high right now, but it would likely be dominated by people trying to find someone to pay the full contributed capital for worthless positions in failed deals.
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25 June 2024 | 1 reply
I have the capital for a down payment and holding costs for a year but am struggling to find a lender who does not require a first-position lien on the home (the seller does not wish to subordinate his lien position).It has occurred to me to seek a partner-investor who would profit share with me if I was responsible for renovations, as I’m an experienced and licensed Residential Contractor.
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28 June 2024 | 9 replies
I need it to work as a quadplex so moving forward, I would appreciate not getting warning posts about zoning.Should I rent it as 2 units and put people on the same lease but keep their residences separate with a door that can just stay locked or something?
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24 June 2024 | 2 replies
Hey, BiggerPockets experts! I'm a new lender in the Atlanta, Georgia area and I'm looking for information on any upcoming events or meetups. Can anyone share details with me? Thanks!
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28 June 2024 | 5 replies
In fact I know a few people who have had good experiences with Crexi.
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29 June 2024 | 7 replies
Currently they have average finishings for the area.I have an idea on the rents but would like to hear what other people are currently renting their units for.
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25 June 2024 | 7 replies
Here’s a detailed breakdown of these two types of markets and the factors that contribute to each:Cash Flow Market, a cash flow market is one where rental income exceeds the expenses of owning the property (mortgage, taxes, insurance, maintenance, and property management), resulting in positive monthly cash flow for the investor.Key Characteristics:High Rental Yields: Properties typically have high rental yields compared to their purchase prices.Stable or Slow Appreciation: Property values increase slowly over time, if at all.Lower Property Prices: Generally, property prices are lower, making it easier to achieve positive cash flow.Higher Rental Demand: Strong demand for rentals due to economic factors, demographics, or local employment conditions.Factors Contributing to Cash Flow Markets:Economic Stability: Stable job markets and steady local economies that support rental demand.Rental Market: High percentage of renters compared to homeowners.Affordability: Affordable property prices relative to rental income.Local Policies: Landlord-friendly laws and regulations.Appreciation Market, an appreciation market is one where property values increase significantly over time, offering substantial capital gains upon sale, but rental yields may be lower, resulting in lower monthly cash flow.Key Characteristics:High Property Value Growth: Significant annual increases in property values.Lower Rental Yields: Rental income may not cover the monthly expenses, leading to lower or even negative cash flow.Higher Property Prices: Generally higher property prices, which can make it harder to achieve positive cash flow.Strong Economic Growth: Rapid economic growth, population influx, and development.Factors Contributing to Appreciation Markets:Economic Boom: Strong local economy with job growth and high-paying industries.Population Growth: Influx of people moving to the area, increasing demand for housing.Infrastructure Development: Significant investments in infrastructure, amenities, and services.Desirability: High quality of life, good schools, and attractive neighborhoods.I hope this information finds you well.
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28 June 2024 | 29 replies
Connect with experienced real estate agents.Good luck
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28 June 2024 | 3 replies
Once in there you will find plenty of people that are doing it, although the ones that will connect with you will most likely be begginers that don't know too much.
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27 June 2024 | 47 replies
I have a friend who bought multiple properties in various Cleveland suburbs, and the agent, the broker, and the title people were clueless about RITA.