Raj Goel
Househacking vs buying rental properties?
25 January 2024 | 45 replies
Then we will see more financing available for these types of situations.
Zachary Samuel
Young Entrepreneur Seeking Advice on Diversifying into Real Estate
23 January 2024 | 10 replies
I need to keep my focus on growing my business)Interested in residential properties (single or multifamily).Looking for advice on the type and value of properties to target as a beginner (my family owns a bunch of commercial real estate)Open to suggestions on expected returns and whether to focus on long-term leases or short-term rentals with management.Looking for suggestions on if I should look in both PA & FL (FL is significantly more expensive, but a drastically different market & renter)Primary objective: Diversifying assets, with a focus on slight income generation or offsetting expenses, and mainly long-term appreciation and growth in assets.Desired Return: Unsure, but 5%+ sounds great.Given my limited experience in real estate, I'm here to learn and absorb as much as I can from those who have walked this path.
Matthew Nosal
Roseland- Chicago, IL Fix and Flip
23 January 2024 | 2 replies
Purchase price: $50,000 Fix and Flip in Roseland - Chicago, IL What made you interested in investing in this type of deal?
Jemma Jacques
DSCR Loan options
23 January 2024 | 10 replies
Which means they are going to hit you for 20% down and closing costs on all 3 loans.Rates have dropped a bit over the last week on DSCR but they are still dependent on e few things like loan size, (Lower the loan amount higher the rate), Credit scores (under 740 higher rate),property type, number of units and DSCR ratio (under 1.10% rates are higher) DSCR over 1.35% gets a lower rate (Depending on lender).Most DSCR loans carry 1.50% - 2.75 points with an average range of $1500-$2100 in hard costs (processing, underwriting, credit report ect...)
Rashad Shepperson
investment out of state
23 January 2024 | 2 replies
My question would is, what type of property is profitable in the area?
Jeremy Porter
Debunking Myths on Landlord Responsibilities for Lawn Maintenance
23 January 2024 | 3 replies
By clearly defining these expectations, potential disputes can be prevented, and the property's curb appeal and overall condition can be maintained to a high standard.Local Regulations and Property Type:When it comes to determining lawn maintenance responsibilities, it's crucial to take into account local regulations and the specific type of property in question.
Rada Duvall
61.9% ROI -2669 N Palmer - East Milwaukee Buy/Hold turned Fix and Flip by Rada Duvall
23 January 2024 | 1 reply
ROI 61.9% What made you interested in investing in this type of deal?
Alexie Franck
Closing costs from 13k to 17k for $380k NJ home
23 January 2024 | 11 replies
Escrow is set by law and you cannot forgo it (no matter the down payment) if that is what your lender requires for this type of loan.
Brandon Gall
Grand Rapids and potentially other areas
23 January 2024 | 10 replies
What type of investment properties are you currently looking for?
Eric Fernwood
December Las Vegas Rental Market Update
23 January 2024 | 2 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents declined slightly month-over-month, in line with the seasonal trend, but remained strong for November.