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3 January 2025 | 3 replies
It really depends on the condition of the property and your relationship with the agent.We bought an off market deal years ago and hired an agent to push paperwork.
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8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.ย
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8 January 2025 | 2 replies
pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.
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1 January 2025 | 0 replies
. - We help with stress and time off.๐ง๐ต๐ฒ ๐ฝ๐น๐ฎ๐ฐ๐ฒ ๐๐ผ๐ ๐๐ผ๐ฟ๐ธ ๐๐ต๐ฎ๐ฝ๐ฒ๐ ๐๐ผ๐๐ฟ ๐ถ๐ฑ๐ฒ๐ป๐๐ถ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ฒ ๐ด๐ถ๐๐ฒ ๐ถ๐ ๐ฐ๐ฟ๐ฒ๐ฑ๐ถ๐ ๐ณ๐ผ๐ฟ.When people feel important, they do their best.When teams trust, they do great.When health is important, work gets better.I work for BiggerPockets, a company that truly takes care of me and it's employees, which only pushes me to be true asset.
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19 January 2025 | 354 replies
The one following may be a profit split with some leverage, depending where the market is and our goals for that fund.ย
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2 January 2025 | 2 replies
Pleaseย keep pushing and sharing your progress.ย we are enjoying seeing your success in addition to learning how to pursue and analyze deals in different market sectors before blindly buying and learning the hard way.
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2 January 2025 | 1 reply
Don't give up the pursuit.Fail fast works better in software than in real estate: reset the server, push a patch, etc.ย
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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investorsโnot brokers or others helping you find deals.Sample Investment CriteriaHereโs an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5Mโ$12M, requiring $1.5Mโ$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that donโt align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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7 January 2025 | 13 replies
Follow the lease and the laws in your state and start the eviction process.