11 September 2024 | 2 replies
I keep getting the question each time "Can you introduce me to more investors that live there in Indy".
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5 September 2024 | 2 replies
I am closing on a multi-family (3-4 units) buy & hold investment in East Boston.Purchase price: $969,000Down Payment/ Closing Costs: $113,000I am in the process of buying my first property, using a 2 for 1 buydown, which is in a non flood zone in East Boston.
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7 September 2024 | 3 replies
unless you're going to spend time, money and energy building a team, going to the market in person, and being thoughtful and patient, you will likely lose money.
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10 September 2024 | 8 replies
For my first investment, I was thinking I could use my dad’s land that he owns with 3 septic tanks and 2 wells.
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10 September 2024 | 2 replies
After careful consideration, I’ve decided to focus on the Houston market for my first deal.I’m seeking advice, networking opportunities, and connections through real estate meetups, seminars, workshops, and events.
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10 September 2024 | 12 replies
They are friendly tenants, They call us immediately when there is a problem, and every time either of us is over there, the house is very clean and there are no odors...
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10 September 2024 | 1 reply
You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.
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10 September 2024 | 1 reply
Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.
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5 September 2024 | 20 replies
LIving in New Jersey, your proximity to Lehigh Valley and your first investment is perfect.
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7 September 2024 | 12 replies
if you only have enough for one project at a time, and that project goes south... you're taking the property back and trying to sell it.