Bryant Carr
Iowa or Ohio for possible Multifamily?
Pros and cons of purchasing a multifamily in these states..I found one in each 4 unit in Ohio in a rural area. A 6 unit in Iowa in a busier area. Thoughts?
Chi Wen
what happens to your equity in a downturn?
So we all know housing will dip/drop at some point. What happens to your equity in situations when you put down 5% vs when you put 20% down?- Buy a 500k house and put 5% down (25k) and the next day housing prices cras...
Alex Ortiz
What debt to pay off first.
Hi All,I am trying to improve my credit score as quick as possible I currently have a credit card which has a max of $1000 and I currently owe $900 on it so my utilization is very high. I currently also hold a car loa...
Steven Andrews
Local STR/Vacation Rental Property Management Companies
There's lots of discussions in these forums of the pros and cons (mostly cons) of national STR/vacation rental property management companies like Evolve, Vacasa, etc. I've had good experience with a local property man...
Ryan Dunne Ewing
My Multi-Family Property has a 14% cap rate. So what?
I’m one year in to owning my 4 unit multi-family property. Bought it for $209,000.i have dramatically remodeled the building in under a year and doubled the gross monthly rent income.As of right now I have a cap rate ...
Mark Updegraff
Using a buyer's agent versus contacting the seller's agent every time and why REALTORS need a special level of TRUST with their "investors"
I'm a licensed broker here in Upstate NY and I'm amazed at the lack of understanding that new investors have when it comes to agency. A close colleague and mentor in the business put it quite simply when I shared my ...
Angie B.
Abandoned Property
We drove by a house (driving for dollars) that appears to be abandoned, and it is in a decent neighborhood where we were looking at other properties. I looked up the owner, and after searching online, traced the L...
Christine Lee Middleton
Direct Letter Marketing
Hello everyone!!! So I’m sure I’m probably overthinking this, but does anyone notice a difference in response rates between sending “handwritten” letters, typed letters or post cards?I really want to do handwritten le...
Gary Smith
Lowering the sales price in a good market?
My partners and I built a spec home(our 1st deal) and it had two appraisals at $700k.
After 3.5 months, no one had shown interest in the property. We dropped it from 720k to 650k
And now after 4.5 months, our RE bro...
Parker Odoms
Where do I start????
I am from the Richmond\Chesterfield area, and looking to get into Wholesaling. With so much information where does one start. I start real estate school next month as I figured this would give me a foundation, but wha...