
29 May 2024 | 9 replies
Right now I’m not seeing homes that are economically viable for long term rent by the room if you follow the Cobb county ordinance.

28 May 2024 | 17 replies
and they come in 2 types: the old 1920s which have great cur appeal, but are expensive to work on and the 1960s which are much more economical, but look like a shoebox.

28 May 2024 | 1 reply
Generally speaking an investor collects rental income and signs a lease with a tenant whereas a flipper or developer shows "inventory held for sale" on their books and gets all of their economics derived from a SALE.

28 May 2024 | 7 replies
Examine the causes of the vacancy, including any new developments or economic influences.

29 May 2024 | 26 replies
For as long as I can snag deals like this - https://www.biggerpockets.com/forums/52/topics/1193019-says-...And I know that you guys have similar numbers in Detroit, I couldn't care less about the "keyboard cowboy" data.Virtual $ex with Jenna (Old Playstation game and sorry ladies) is different to real life.Same as the online stats, demographics and data...They don't/can't show the real life micro economic data of tertiary cities.Well, they can but they aren't accurate just like Zillow isn't in my market.Micro is very different to MacroJust my 2 Aussie centsPeace, I'm out 🤠

31 May 2024 | 149 replies
In other words the homeowner can not sell the property any other way (typically because either (1) they owe more on the property than they can net on a conventional sale or (2) the property will not qualify for financing in its current condition or the current economic conditions.

27 May 2024 | 1 reply
Job growth and economic development in the area, such as the establishment of new manufacturing centers, will further bolster housing demand.Mortgage Rates and AffordabilityMortgage rates, which have been at two-decade highs, are expected to stabilize and potentially decrease slightly due to anticipated federal rate cuts.

27 May 2024 | 4 replies
Not all investors share the same goal.If it's strictly positive cash flow, you're going to have a tough time meeting that goal while living in one of the units these days in Belmont Shore.Under the current economic decisions, if you're going to live in one of the units, a more realistic goal might be to subsidize your mortgage with the other two incomes to bring your mortgage payment down, build equity, ride the market appreciation, force some appreciation of your own, refinance when rates are in your favor to crush the mortgage payment down, and keep positive cash flow for a long-term goal.Belmont Shore is a nice area where homes hold their value well and enjoy good appreciation as well as strong rents and in general, the type of renters landlords are looking for.Belmont Shore is also a good area for short-term rentals and you may want to consider renting one unit as an LTR and the other as an STR.Ultimately, your situation is going to dictate whether this triplex is a good investment for you and your husband but as a Long Beach resident, I know that Belmont Shore is an area that people aspire to buy a home in.

26 May 2024 | 10 replies
San Antonio has experienced steady economic growth, fueled by a diverse economy including sectors such as healthcare, military, tourism, manufacturing, and an overflow from the Austin market.

23 May 2024 | 0 replies
I've been exploring the fascinating intersection of philanthropy and economic development lately, and it's been eye-opening.