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29 April 2024 | 7 replies
Multifamily property size, location, condition, and financing terms can all affect the amount of money needed to purchase a home in a B-rated region.
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29 April 2024 | 11 replies
My regional bank offers a card with 1.67% cash back which is targeted towards folks without a ton of credit history.7.
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29 April 2024 | 2 replies
I've wholesaled 35 deals in Texas, and in all regions (East, West, Central, North, South) so I could be on your list of folks to talk to.
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29 April 2024 | 10 replies
Rental properties can indeed provide a steady income stream, and it's fantastic that you're exploring this avenue.Here are a few considerations and steps you might want to take as you move forward:Market research: Keep looking at possible multifamily buildings in the Augusta, Georgia region.
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30 April 2024 | 16 replies
Although the three regions have different urban development plans and geographies, some growth trends observed in Cancun have been replicated in PDC.
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28 April 2024 | 22 replies
However, I'm still open to choosing Columbus Ohio if it's a better investment than the Philadelphia area.My priorities are:- Landlord friendliness (I don't want to get stuck in a location where its hard to get uncooperative tenants out of a property)- Friendlier Short Term Rental laws (AirBNB, etc) - Ideally lower property taxes (Not a huge concern if there isn't a big difference between the two)- Better cash flow (If the different purchase price to cash flow is substantial, I'd want the better cash flowing area)Which between these two regions would you recommend?
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28 April 2024 | 2 replies
If you really need a partner, consider looking into local meetups and regional conferences to meet people.
28 April 2024 | 2 replies
Targeted advertising: Use geotargeting and other advanced advertising techniques to target potential buyers in specific geographic areas or regions where there is likely an interest.4.
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30 April 2024 | 27 replies
I have been a landlord and investor for over a decade AND also work as a senior/regional property manager so I feel like I see both sides and have some good insight on this- manage yourself if you have the time and fortitude to do so, you will make mistakes but it will pay off, get a real estate license (not hard to do plus you can sell and buy properties and get commission) and know the laws, be willing to do the research, NO ONE IS GOING CARE AS MUCH ABOUT YOUR PROPERTY AS YOU- that being said, not everyone wants to has the time ect or headache or likes asking for rent…FIND A MANAGER THAT ALSO IS A LANDLORD INVESTOR, I can’t tell you how many property managers I’ve tried training and that failed at our company because they just don’t get it from an owner or investor side, like “no tenant we aren’t going to come replace your stove again, no we aren’t going to clean your bathroom cause you didn’t , ability to analyze when to do maintenance and not, ability to explain to tenant owners POV, I tell every owner I am not telling you anything I haven’t done or I’d do my self, a lot of property managers are blue colar type workers and have never invested in their life and just done get it, 4 out of 5 property managers fail at my company because of this especially for single family homes, find a PM with speciality in SFH for your area, for example, a PM in Birmingham MI (upscale area) will fail in Detroit or lower end markets (but that’s were the best ROIs are)
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28 April 2024 | 5 replies
MFH supply is somewhat limited in the northern coastal region (Myrtle Beach, North Myrtle Beach, etc), but it's certainly still a viable strategy.