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9 April 2024 | 0 replies
Purchase price: $90,000 Cash invested: $10,000 Sale price: $113,000 New land development project in growing neighborhood.
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13 April 2024 | 10 replies
I’m seeking a list of investors that’s interested buying in Blair County area .
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12 April 2024 | 1 reply
I'm a software developer and very good with a spreadsheet and all, but I'm wondering if I could secure an experienced lender who not only can lend, but also provide advice on a deal like this from having financed similar situations before.Pointers to financial calculators for such an endevour and hotel/motel renovation-style lenders & contacts appreciated.Thanks,Matthew
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15 April 2024 | 35 replies
Instead of looking at a specific city or area within a state, I used the state averages from the sources I listed.
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13 April 2024 | 9 replies
You should not have taxes listed on your underwriting because that amount should be wrapped up in the ADR and your guest is paying for it.
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12 April 2024 | 27 replies
Looks for developing areas and where you can build wealth to meet your goals, energy, and capital.
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12 April 2024 | 36 replies
There are advantages and disadvantages to both strategies when deciding whether to invest in-state or out-of-state.In-State Investing:Knowledge: You probably know more about the rules, legislation, and local market in your own state of Houston, Texas.Network: It's possible that you already know contractors, real estate agents, and other people in your community.The Ease of Management: Especially when dealing with daily problems, managing properties in your neighbourhood may be more convenient.Out-of-State Investing:diversity: If your local market is competitive, investing in a different state may offer greater prospects and diversity.Affordability: As you pointed out, certain states could have more reasonably priced real estate, which might enhance cash flow.Market Dynamics: There are markets with varying development potential and economic trends that you may access.Taking Out-of-State Investing Into Account:Investigate the target market in-depth, paying particular attention to employment growth, economic data, and local real estate market patterns.Establishing Networks: Establish a local network of contractors, property managers, and real estate experts.
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13 April 2024 | 1 reply
It's strange that you claim to make over $150k, but your adjusted gross income on the form is listed at under $35k.
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12 April 2024 | 2 replies
I own five doors and am the managing broker of Uptown Firm, a boutique firm that focuses on real estate investing and development.
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11 April 2024 | 20 replies
Being part of the new home community in Canby, Oregon, I see the important role your family plays in the development of this region.