Davere Currie
Investing in Cleveland Ohio
14 May 2021 | 23 replies
The commercial lender I represent reviews these stats and generally avoids properties with neighborhood scout crime scores under 20 (translation, this neighborhood is more dangerous than approximately 80% of neighborhoods in the U.S. with a score of 20) If we entertain a property in a higher crime area it is usually at a reduced LTV, like 60% instead of our max 75%.
Colin C leamy
Thoughts on live in BRRRR?
8 May 2018 | 3 replies
Reduce expenses as much as you can and still live a comfortable life (where do you live now?
Robert Freeborn
90 day challenge success!
1 June 2018 | 5 replies
After months of bidding, getting offers accepted, and walking away from duds, I saw a house go back on the market in December of 2017 at a reduced listing price.
Sunshine Chow
Newbie - How should I save to fund my first investment?
14 June 2018 | 10 replies
SaveAnalyze current expenses:- create spreadsheet of ALL expenditures over last three months - find and reduce or eliminate any expenses you don't need or love- target 15% monthly reduction.
Grant Nelson
My mom sold a property that was her retirement... now what?
21 September 2022 | 31 replies
If she wants cash flow, DM me and I'll point you to some options.I think it's a risky time to rely on appreciation for real estate and I personally don't consider appreciation in any market, good or bad, and certainly not now.People can use 401(k)s, IRAs, Pensions and cash set up correctly to produce cash flowing income and reduce their exposure to the stock market.
Devang Vora
Property analysis in Detroit suburb
28 February 2017 | 17 replies
A PM will follow those rules to reduce liability on their end.
Ryan Lott
Blinds for 80 Units on Chicago's North Side
17 January 2017 | 1 reply
It could reduce the annual heating bill meaningfully.
Michael Figueroa
I have 500k to invest in Multi Family....
11 April 2023 | 61 replies
.➡️ Property DepreciationDepreciation lets investors reduce their taxable income to account for property wear and tear.
Carlos Quiros
Questions from a new investor..... :-/
12 October 2023 | 20 replies
Small multifamily owners are going to have to reduce prices quite a bit if they need to sell.
Alan Miller
Duplex vs Single Family
3 April 2014 | 18 replies
@Alan Miller Here's a list of things to consider.A single family has a larger market than a double when it comes time to sell.You have more single family properties to choose from.A typical tenant in a single seems to stay longer than in a multi reducing turnover time and costs.A double or small multi will bring in more cashflow.A double is more likely to have neighbor conflicts if it is an over/underAlso consider the condition at the purchase.