Beerana Karthic
Multifamily deal analysis
19 June 2024 | 3 replies
Property values in Little Italy are really high right now, and they're definitely trying to build up the surrounding neighborhoods near University Circle.
Gary Neely
Seller Financing Contract
19 June 2024 | 12 replies
Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.
Chris Seveney
How I got started in note investing
21 June 2024 | 33 replies
Always loved the straight talk, NO BS, and the warnings about the so called “Universities”.
Nicholas Petrozzi
What Type of Investment Property Should I Buy
18 June 2024 | 11 replies
I’m looking for guidance on what type of investment property I should be looking to buy, whether it be a multi-family, single family, or a house near the beach that can double as a beach house/student housing as there is a university nearby.
Griffin Hines
Shared housing in Cincinnati
18 June 2024 | 4 replies
I went to the University of Cincinnati, and even after college I lived in a few different multi-family's.
Nicholas Lilly
Series Limited Liability Company (LLC)
19 June 2024 | 3 replies
According to Texas Business Organizations Code (TBOC) Section 101.602(a)(1)-(2), specific languages must be included in the certificate of formation, operating agreement, and maintain separate books and records for each series.
Matthew C Dominy
Process Of Starting A Real Estate Fund?
20 June 2024 | 13 replies
Since Paraguay is a neighbouring country to them and they'll know it much better than Americans, speak the same language, have a similar culture and legal system, ..., if Argentines won't invest there, I don't see why Americans would.It's great to be ambitious but sometimes (if not all the time) you have to learn to walk before you start to run.Hope this helps
Bruce Woodruff
Curious - is anyone else having trouble with 'Talk-To-Text' ?
17 June 2024 | 1 reply
I feel like they are all transfering us from their old language model which we had learned to use, even with its finicky pronunciations sometimes, to whatever new "AI" language model.
John Michaels
Top 10 Real Estate Markets for Cash Flow in 2024
20 June 2024 | 17 replies
Hi John-Thanks for sharing this list of Top 10 Real Estate Markets for Cash Flow in 2024.I too found it interesting to see Flint, MI on the list but as a graduate of the University of Michigan-Flint and Mott Community College in Flint and I am back there often enough to say Flint has done a lot to develop itself and a lot of money has been poured into Flint after the water crisis.I say good for Flint.
Frank Barletta
Houston: F the Weather but invest anyways.
18 June 2024 | 0 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.