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26 October 2024 | 11 replies
@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.
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29 October 2024 | 12 replies
Many reasons: to encourage/discourage certain economic behavior, to appease a certain industry lobby or some fellow lawmakers or even sometimes a private individual, to buy votes, to balance economic effects of a new law, as well as simply out of incompetence of our lawmakers.
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26 October 2024 | 1 reply
So the effect is a confiscation of private property and a transfer of the property for no cost from the landlord to the tenant.
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27 October 2024 | 3 replies
Find out where you stand (whether they'd give you the loan, how your credit score effects it, and what your mortgage payment would be).
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28 October 2024 | 10 replies
How do you effectively determine this and how do you propose to the bank to support your rehab costs (again guessing this has to come out of your pocket?)
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25 October 2024 | 5 replies
TT and Youtube also, but you'd have to funnel them to IG to be able to effectively DM.
24 October 2024 | 6 replies
In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.
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25 October 2024 | 4 replies
A debt relief company is probably your best and most cost effective option.
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25 October 2024 | 11 replies
Dollar/sqft is effective.
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31 October 2024 | 44 replies
In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.