Patrick Philip
How do some people manage properties around the world?
10 October 2018 | 13 replies
The best example is TD Bank (Toronto Dominion), it will lend to Canadian citizens to buy property in the US.Having good people is essential, whether, the property is down the street or across the globe.
Rigo V.
craigslist-How many responses?
16 November 2018 | 12 replies
They probably drive past 2 or 3 signs on the street that say they will buy their homes.
Adam Bileckyj
Diversification.... needed or not?
21 December 2018 | 14 replies
I think in the stock market game diversification is good because there is so much left up to the whims of the day on Wall Street.
Eddie Gonnella
Middle of a "live-in BRRRR" Richmond, Virginia
16 April 2020 | 14 replies
Are they in this street cluster?
Jerry Castillo
Would you buy a neighbor's home who's facing hardships?
29 August 2019 | 8 replies
Neighbor's profile: Him being an open misogynist, he's managed to tick off all the wives on the street.
Tyler Hardy
Wife is not comfortable REI
12 September 2019 | 28 replies
Having your duplex taken down the street is not as bad as your family being thrown out in the steeet .
Andrew Wiggins
Government Owned Tax Liens
11 May 2019 | 2 replies
If at any point the property owner pays off the overdue property taxes before the lien expires (period may vary by state), the county is the party that earns the interest.Properties that are owner-occupied (as indicated by a homestead exemption showing up on the annual tax bills) or have a mortgage are most likely to be bid on because they have a higher likelihood of being paid off either by the homeowner or the mortgagee (the lender); the homeowner probably doesn't want to lose his/her place of residence and the lender probably doesn't want to lose its investment.If no one has bid on a lien, there are likely issue(s) with the property that, in the eyes of bidders with investor mindsets, render the property valueless, for example:the property has no direct access (landlocked or waterlocked),the property is too small to be built on as-of-right per the municipality's zoning codes,the property is contaminated (a Phase I environmental report would scour records on the property to see if contamination is likely, and if so, a Phase II environmental report would be done and soil, etc. samples would be taken to confirm the contamination),the market fundamentals indicate little probability for profit given the level of risk, such as high vacancy rates, low rents, or slow sale/rental velocity,the property is in a "poor" location due to many of the types of things that turn off people looking for a home in which to live, such as high crime; poor or nonexistent infrastructure, such a streets, water & sewer, etc.; too rural/too urban; neighboring uses detrimental to the property's value, e.g. railroad, warehousing/industrial district, jail/prison, cemetery, etc.I hope that helps!
Rachel Meeks
Indianapolis Housing Market
11 January 2020 | 8 replies
Depending on where you buy - Air BnB opportunities are really popular as well if you don't sell right away or if you don't plan on utilizing your property during weekends/big events.Downtown Indianapolis is street-by-street - you'll find good pockets here and there but there isn't a "area" in particular you'd want to focus on.
Michael Noto
2-Family in Bristol, CT Deal Diary
22 September 2018 | 38 replies
It is located directly across the street from the local hospital which happens to be in a nice section of the city the home is located in.
Frank Boet
Investing in a Tiny Home Community/ Park
17 May 2018 | 14 replies
The overall market slowed, a few builder neighborhoods by smaller builders got abandoned for a bit (leaving the residents with no garbage pickup or street lights in some cases unfortunately with no builder funding for HOA).