Dan Sundberg
Advice on running numbers in Michigan/Grand Rapids
13 December 2024 | 7 replies
Yes I think estimating 5% would be a good start and then once you know the school district you can get a better idea of what to expect.
Anton Tikhomirov
Binghamton NY — what’s the catch?
13 December 2024 | 7 replies
As a multifamily specialist there, I do mainly two types of housing: affordable (DSS, Section 8, CC), and students.Binghamton University is a massive state school that's outpacing the higher-ups' expectations for growth, and has been for a few years now.
Guramrinder Thind
Syracuse - Best neighborhoods to invest for growth potential.
10 December 2024 | 3 replies
From what I’m seeing, it looks like (and should continue to look like) the clay, Cicero, and Liverpool areas are expected to get some of the higher appreciation in the coming years due to close proximity to Micron (Zip Codes 13039, 13041, 13088, 13090).
Josiah Horn
One tenant moved out suddenly leaving non performing tenant in property
13 December 2024 | 5 replies
I feel like it would be easier to get bf out if they are both at risk of an eviction but obviously legaly questionable… I just want it empty :((Currently trying to get a hold of boyfriend for his side/plans/expectations)
Nathan M kiefer
Recostseg- non responsive and no communication
12 December 2024 | 7 replies
If it was a good experience on the first property I would expect the same again.
Catherine Javier
Keep, refinance or sell?
18 December 2024 | 15 replies
A 1031 also adds complexity and timing pressure.Watch Out For:Opportunity Cost: Renovations tie up cash that could go toward other investments or reserves.MTR/STR Management: These models require more time and effort than LTR, even without a property manager.Market Risks: WA properties may appreciate slower than expected, and higher costs could reduce your margins.If cash flow is your priority, option 1 (renovate and STR/MTR) likely offers the highest upside.
Wendy Abraham
Hard money lenders who have you used?
11 December 2024 | 12 replies
I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.
Kim Leduff
Looking for a Property Manager or Company In Toledo
14 December 2024 | 12 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
Ricardo Yey Lopez
Tennessee investments MSHB
10 December 2024 | 2 replies
So far is what I was expecting of it.
Elliot Rosen
Impact of a bowing foundation on resell value
12 December 2024 | 6 replies
Often times foundation issues can be worse than expected once contracts start working on the repairs.