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21 June 2024 | 8 replies
We’re looking to purchase a small MFR (2-3 units) in Tucson, AZ.
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18 June 2024 | 0 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.
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21 June 2024 | 0 replies
Purchase price: $180,000 Cash invested: $37,413 Sale price: $325,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ron Rowan, successfully completed a fix-and-flip on W 136th Ave, Cedar Lake, IN 46303.
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18 June 2024 | 17 replies
Most of the lenders have a minimum of 50k per door and 100k minimum of as-is value limit for rental purchase.
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18 June 2024 | 14 replies
Lastly, I'm not sure if it makes sense to give a specific duration for how long you should search within a market (considering economic conditions and all), but if I had to I would look into a market for about 3+ months before moving on to the next.Hope this helps someone & thanks to everyone who responded to my initial post!
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21 June 2024 | 7 replies
Hi everybody,A few months ago, I just purchased my first property (yay me), which I'm working to house-hack at the moment.
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18 June 2024 | 17 replies
I still recommend it for purchasing notes, but buyer beware and check all paperwork thoroughly.
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22 June 2024 | 3 replies
You might be asked to pay an extraordinary sum, maybe $5,000, for the program materials or to attend additional seminars and boot camps.Or, you might be tempted by a program that doesn’t cost much only to find out later it is bait to get you to purchase even more expensive products.
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22 June 2024 | 13 replies
@Jeffrey Albaum @Christian StylesMy flipping biz does ~20 projects a year and we track everything post-purchase in QuickBooks Online.
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21 June 2024 | 10 replies
Hello BP Family,I am new to real estate investing and I am looking to purchase a 3 or 4-unit apartment building.