Jasmine Watkins
Jesse Vasquez AirVenture Academy Worth It?
24 June 2024 | 7 replies
In the time Jesse taught me how to connect with local businesses and to build a Rolodex of companies to book my property.
Robby Nash
River Gorge Run Spec Home
26 June 2024 | 1 reply
We originally purchased side-by-side lots in this neighborhood for $68k from the local MLS.
Justin Brown
Information On Buying Foreclosure/Unfinished Property
26 June 2024 | 1 reply
Talk to the local building official and get their take on the building's status.
Austin Nicol
Choosing a House Hacking Market?
25 June 2024 | 7 replies
Here’s a detailed breakdown of these two types of markets and the factors that contribute to each:Cash Flow Market, a cash flow market is one where rental income exceeds the expenses of owning the property (mortgage, taxes, insurance, maintenance, and property management), resulting in positive monthly cash flow for the investor.Key Characteristics:High Rental Yields: Properties typically have high rental yields compared to their purchase prices.Stable or Slow Appreciation: Property values increase slowly over time, if at all.Lower Property Prices: Generally, property prices are lower, making it easier to achieve positive cash flow.Higher Rental Demand: Strong demand for rentals due to economic factors, demographics, or local employment conditions.Factors Contributing to Cash Flow Markets:Economic Stability: Stable job markets and steady local economies that support rental demand.Rental Market: High percentage of renters compared to homeowners.Affordability: Affordable property prices relative to rental income.Local Policies: Landlord-friendly laws and regulations.Appreciation Market, an appreciation market is one where property values increase significantly over time, offering substantial capital gains upon sale, but rental yields may be lower, resulting in lower monthly cash flow.Key Characteristics:High Property Value Growth: Significant annual increases in property values.Lower Rental Yields: Rental income may not cover the monthly expenses, leading to lower or even negative cash flow.Higher Property Prices: Generally higher property prices, which can make it harder to achieve positive cash flow.Strong Economic Growth: Rapid economic growth, population influx, and development.Factors Contributing to Appreciation Markets:Economic Boom: Strong local economy with job growth and high-paying industries.Population Growth: Influx of people moving to the area, increasing demand for housing.Infrastructure Development: Significant investments in infrastructure, amenities, and services.Desirability: High quality of life, good schools, and attractive neighborhoods.I hope this information finds you well.
Troy Smith
Adding brother and to ownership of home
25 June 2024 | 1 reply
The best way is probably a quitclaim deed (it might be different in your state, it would be worth asking a lawyer or title company), although I'm not sure exactly what the point of this is.
Shannon L Fogarty
Our very first investment!
25 June 2024 | 1 reply
We are working with our local small town bank.
Kameren Powell
New Investor Here
25 June 2024 | 3 replies
A great way to meet people in your local community is to attend in person meet ups.
Ethan McManigle
A New Chapter
25 June 2024 | 1 reply
Look for beginner-friendly courses to build your knowledge base.Networking and Mentorship:Join Real Estate Forums: Engage with online communities such as BiggerPockets, where you can ask questions, share experiences, and learn from seasoned investors.Attend Local Meetups: Look for real estate investment clubs or meetups in your area.
Julie Muse
W 7th Ave Flip: Big Gains in Trappe with MH Property Solutions!
25 June 2024 | 0 replies
Partnering with MH Property Solutions provided valuable local insights, making this an attractive and strategic investment for Partner Driven.
Thea Hernandez
Real Estate Investor
26 June 2024 | 21 replies
Either way since we are local we should connect and share ideas.