Erik Price
Requesting feedback on first short term rental deal currently under contract.
13 February 2024 | 6 replies
I’ve been thinking about doing this for years and have come to the conclusion that I am simply looking for a base hit.My wife and I will manage and clean the property for the first year at least.
Kyle Fowler
St. John's, Newfoundland
13 February 2024 | 8 replies
I am a local investor based in St John's.
James Hodgson
Investing in Renovations/Updates for Higher Rent
13 February 2024 | 3 replies
When I remodel, I look at the area of town I'm in and the demographic of the tenant base.
Jacklyn Robins
Looking for some guidance on scaling your portfolio
14 February 2024 | 19 replies
I'm based on Long Island, NY and looking to continue investing out of state.
Kamia Liddell
Resources for off market properties
13 February 2024 | 1 reply
Tailor your message to offer solutions to their potential needs or situations.Online Platforms: Besides Propwire, there are other platforms and tools designed for real estate investors, such as:ListSource: A service for buying customized lists of potential leads based on various criteria (e.g., geography, property type, financial distress indicators).BatchSkipTracing: Offers services to help you find accurate contact information for property owners.PropStream: Provides comprehensive data for real estate investors, including leads on distressed properties, motivated sellers, and detailed property information.Social Media and Real Estate Forums: Platforms like Facebook, LinkedIn, and specific real estate forums (e.g., BiggerPockets) can be valuable for networking, finding mentors, and discussing strategies with other wholesalers.Bandit Signs: These are signs you see on the side of the road with messages like "We Buy Houses Cash."
Bette Hochberger
Understanding Property Tax Assessments
13 February 2024 | 0 replies
These assessments determine how much you pay in property taxes, and they're based on the perceived value of your property.
Nupur Kohli
Buying first investment property for rental
13 February 2024 | 19 replies
Also, look to invest in areas with economic bases and that result in economic growth.I work with a lot of California investors and they love investing in cities like Columbus for the reasons I described above.
Michelle Backer
Anywhere left to invest in inexpensive real estate ?
14 February 2024 | 123 replies
Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.
Jessica DiPonziano
Which software to use for the following setup
10 February 2024 | 1 reply
From a software aspect, would this be a good way to go?
Ryan Fox
insurance requirements for hard money
13 February 2024 | 7 replies
If not, the reps tend to provide what they think we will accept based only on their conversations with our borrowers.