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2 December 2024 | 9 replies
(Only if you are SERIOUS about real estate as your wealth/career vehicle.)Make sure you join a brokerage that is large, established, and has a reputation for top performance and excellent training.Once you learn the basics and get out into the field to see the state of the market, you'll learn the price points and be able to know a good/great deal when you stumble across it.I have made some of my best (most lucrative) buys from meeting with a seller who wants to list, and when we discussed the price, I knew it fit my parameters, so I bought it!
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4 December 2024 | 5 replies
Mount Airy in particular is probably the most difficult neighborhood in Philadelphia to learn and there's no way you can do so from a computer reviewing rental rates and crime assessments.
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5 December 2024 | 6 replies
Once the lease is in place it becomes a little more difficult to deny the occupant from operating their business.
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4 December 2024 | 17 replies
Also, even though rents are high in Memphis it is very difficult to get the rents to work out to 2%.
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5 December 2024 | 20 replies
Always be in front of the contract and prioritize where you're buying and entry price. lf all those are three in your favor, you have a lot of leeway with some of the normal but difficult parts of a fix & flop/hold.
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5 December 2024 | 17 replies
Your goal of buy and hold and flipping so soon seems very difficult, especially with a young child (our first is due in January).
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4 December 2024 | 0 replies
Whether it’s problem-solving on the fly, handling difficult conversations, or simply staying calm in the chaos, these experiences are shaping me into a better landlord—and, hopefully, a better person.Real estate isn’t just about turning a profit.
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8 December 2024 | 19 replies
If they require an inspection, keep in mind you will not be able to fix any issues as it is a federal crime to alter a HUD home in any waySo in summary, it can be a very difficult and costly process to activate utilities and in many cases not possible
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8 December 2024 | 10 replies
The policy consideration behind the higher leveraged loans is to provide financing for individuals who have high earning potential and are at the start of their career where the earning potential has not yet materialized and perhaps are dealing with the added burden of student loans.
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4 December 2024 | 8 replies
I will say that it will be more difficult to find a buyer for all 3, or trying to close them at the same time.