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9 February 2024 | 10 replies
JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.New Albany is home to several major data centers including ones operated by Amazon, Google and Facebook, whose parent company, Meta, announced plans in the spring to expand its New Albany campus.
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8 February 2024 | 22 replies
You don’t need to worry about eviction, uncollected funds, massive property damage, insurance hassle, annual renewal, death and crime, rent control, fair housing… that you typically need to handle in LTR.
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7 February 2024 | 0 replies
Hello Bigger Pockets community.Trying to get base line number of what the average % yearly operating expense per unit is for a typical class C property, 2-3 BR on a 5 to 20 unit property.
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9 February 2024 | 20 replies
There are a couple notes from the article that make me think this, but the biggie is this passage halfway down:"The sponsor of the bill said he plans to offer amendments to narrow the bill with less of a focus on people renting second homes and more attention paid to hotels that convert to privately owned units that are taxed as residential but still operate like a hotel.These giant corporate properties that are being misclassified as residential but are being rented out as a hotel.
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9 February 2024 | 2 replies
@Matt LopezNot an economist but smaller banks will be in a lot of trouble, banks will also tighten lending standards making it harder for people and businesses to get loans which typically leads to higher unemployment due to cash flow issuesThis will then lead to softening in housing.
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9 February 2024 | 1 reply
Typically, you should try to be all-in on a property for 70% of the ARV (After repair value).
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9 February 2024 | 3 replies
My wife and I are occasional flippers with 4 under our belt and we typically use a heloc on our primary to secure hard money and pay for rehabs.I own a plumbing company I’m just getting off the ground and know the money will be there eventually but could be a while.My mother in law lives in CA (I live in oregon) and they have a few rentals plus their primary that they have 1million plus in equity in.
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8 February 2024 | 17 replies
I'm also thinking it might be better to buy near hospitals/universities/tech companies/factories.Am I missing anything, or is this typically the research one should do before buying an investment property?
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9 February 2024 | 24 replies
Hi Andrew,Are the potential issues you mentioned typically caught in a home inspection during the escrow period?
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9 February 2024 | 8 replies
Could go either way Toledo has some 4 plexes that could consolidate some of your operations.