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4 January 2025 | 28 replies
I would pay for a buyers agent who did the paperwork.
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11 January 2025 | 49 replies
This is why many buyers choose to pay cash even if they don't have to as they want their cash to be invested indeed, especially given the current inflation.
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1 January 2025 | 11 replies
They would also give the buyers more confidence as they're a certified and accredited vendor rather than a mason contractor.
31 December 2024 | 8 replies
Rancho is working class, solid neighborhoods, decent schools, and lot of first time home buyers looking for a decently sized house.
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19 January 2025 | 61 replies
I said no but it maybe cost you 50 bucks a month other wise your tenant is paying off your principal and 3 to 5 years goes aweful quick then you own it free and clear and you just put 10% down and tenant paid of the rest what are you really going to do with 100 a month anyway... it was funny that was a hard sell. but I can tell you I did about 50 of the no interest and as they paid off you talk about a happy buyer getting their reconveyance deed in such a short amount of time..
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27 December 2024 | 16 replies
Unfortunately I don't buy in Milwaukee (I stick to the chicagoland area), but if you deal with wholesalers put in a clause or have an addendum they have x business days to find a buyer and resell the contract if you do sign.
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23 January 2025 | 165 replies
Myself I am not sure that those buyers would go for tight living conditions that are condos and for sure are not going to be renters..
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5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
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27 December 2024 | 8 replies
How many tenants or buyers would really be interested in such a property?
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30 December 2024 | 819 replies
It's helpful to other potential buyers.