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So I'm thinking of purchasing a house out of state since my hometown market doesn't make much sense to purchase in. Anyhow for those of you that manager your out of state properties yourself, I have a few questions a...
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I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...
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Hi, first post here and excited to read everyone's thoughts. I am 18 years old fresh out of HS and I want to get into the real estate business. I have worked for over a year and even though my job is not hard I alread...
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Hello, I’m considering turning my primary residence into a rental and moving out of state. It’s a 3000 sf 5 bed 3.5 bath new build (2022) with really nice finishes. We bought at the peak of the market in 22, and can’t...
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Over the last week (man how fast the world can change!) I've had clients and fellow investors and agents reach out to ask questions on the market. I share what I know and often learn tidbits from them.
It's been a gr...
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We finished a rehab in a B/C class neighborhood. The house has been listed at $1300 for 2 weeks. I just got this email from my PM - would you rent in this situation....? I am leaning towards a yes because its Decem...
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Hi,If I am selling a home for around $350,000, the standard commission around here is 6%. Do you bite the bullet all pay that or do you maybe negotiate and give the listing agent less. I am not trying to be greedy, bu...
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I am at point in my real estate career where I can start looking at properties in the 1.5M range, and want to know if it would be better to wait or if there are good deals to be had. I work in residential RE and the m...
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Do you view your tenants as an asset or a liability? I'm curious whether folks here view their tenants as an asset or a liability? I'm sure many will say "both" but if you had to choose, which would you pick?Some star...
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My other coworker has a property that is vacant and they are rehabbing it for a new tenant. Her and her fiancé aren't sure whether they should sell. What do you guys think? Here are the details:- purchased in 2009 on ...