All Forum Posts by: William Hull

Have a look at this article. I hope you will get an idea. 

https://www.biggerpockets.com/renewsblog/2014/10/1...

Don't go with a negative cash flow. If you cant rise the rental price then sell it and try to invest on a profitable area. 

Thank you @Veni F. for the helpful recommendations. 

You can use this webiste https://entp.hud.gov/idapp/html/condlook.cfm - this is the FHA website and lenders use this to determine eligibility before processing a loan. Good luck.

As a Beginner, Connect with Local Investors.

Although property owners have had many down years regarding equity, the market is recovering in a great deal of the country. The redemption homeowners are experiencing is a rise in home values. Real estate's unpredictable nature causes investors to inquire about whether investment properties are a good fit. Investors also wonder what percentage in their portfolio should be devoted to real estate. Real estate investment trusts invest in properties and have a similar trading capability, like stocks. Real Estate Investment trusts offer liquidity and diverseness to investor portfolios. Rental income has the ability to create a positive cash flow. Being a landlord can be an around the clock ordeal. Maintaining a rental property yourself is hard work. The negative aspect of buying rental real estate properties is the necessary upfront liquidity. These expenses involve down payments, taxes, monthly carrying costs, emergency repairs or unexpected expenses including curve ball assessments. Vacating tenants can affect a sale and cause the process to lag. If the market turns, waiting for a change will cause money to be held up potentially for years. It is important to consider the positive and negative attributes of real estate investing. Over time, real estate can be is a solid investment.

Key Takeaways:

One benefit to investing in real estate is that is can give you a steady flow of income.

One disadvantage of real estate is that it is time consuming and sometimes difficult to be a landlord.

Another disadvantage to investing in real estate is that it requires an up-front cash investment.

"Here’s some good news for folks still waiting for the value of their homes to come back. In many parts of the country, the residential real estate recovery is continuing"

Read more: http://www.bankrate.com/financing/investing/jean-chatzky-how-to-invest-in-real-estate/

Thanks @JUSTIN PIERCE For writing this wonderful article and describing the things so briefly. 

And Thanks to you @Joshua Dorkin for sharing this on discussion. 

There is some good news for the economy. Home prices continued to move up in a number of states. Overall, for the year, prices have increased by 5.7%. When looking at month to month, it appears that increased have been about 0.1% increases. Information received from Black Knight Financial Services show that prices have continued to increase with the greatest increase coming in the state of New York. Over a six months period, it showed an increase of 1.2%. Other good news is that foreclosure inventories have decreased by 0.3%. Michigan however, is in a decline of home prices. It is showing a decrease of 0.7% in home prices. The top ten states that are also showing increasing house prices, are as follows in order behind New York: Washington, New Jersey, Kansas, Vermont, Maine, S.Dakota, Hawaii, Mississippi and Arkansas. New York also holds the distinction of having eight of the top ten cities that hold the honor of best performing metros. Appears to be a banner year for a lot of the country as far as home prices. New York can especially take note and see that their economy is perhaps on the mend. If the trend continues, then several parts of the country will benefit.

Key Takeaways:

• Black Knight Financial Services reports that values of homes rose a bit in December. Pre-sale foreclosure rates dropped by 0.3%.
• Home values in NY State appreciated for six months straight.
• Michigan did not do as well. Its HPI fell to -0.7%.

"Home prices crept up slightly month over month in December, according to new data from Black Knight Financial Services."

Read more: http://www.mpamag.com/news/home-prices-creep-up-in-december-61258.aspx

Looking for a GREAT Income Producing Propety with instant appreciation??? Current rents for a 4/1 are between $825-$850 but rents will be on the rise and I think $900's are very possible on this one! You will not find another house in this area and in this condition for any where close to this price. Comps are listed below.

Great 4/1 with 2 car garage and all NEW big ticket items. Hardwoods throughout! New roof, new vinyl windows, new vinyl siding, new water heater, new peks plumbing, and much more. 1 bedroom on main floor with an office! 3 bedrooms up stairs. Walking distance to Paramount School of Excellence and Brookside Park. Only 8 min to Mass Ave and 5 min to Monon Trail. Comps: within .2 miles

1338 N Lasalle St 3/2 pending $69k

1339 N Oxford st 2/1 pending $92k

1536 Dearborn st 3/1 Sold $70k

1320 N Lasalle st 3/2 Sold $92.5k

3225 Brookside Parkway 5/2 Sold $99.9k All cash, as is, Buyer pays all closing costs.

Click here for more PHOTOS!

Visit our WEBSITE!

Subscribe to our YOUTUBE CHANNEL!

Like us on FACEBOOK!

1/1 in Mars Hill and Decatur Township Schools for under $19k! It's a small house but easy to maintain and still pulls more rent then a lot of 2/1's in Indy. A house for less All Newer Big Ticket Items! Roof less than 5 years. Furnace only five years. Water heater only 3 years. Updated 100 amp electrical. Has three new vinyl windows. Rentometer for 1 bed $595. Decatur Township Schools.

Needs new bathtub, floors refinished, five windows, paint and gutters cleaned.

All cash, as is, Buyer pays all closing costs.

More PHOTOS here!

Visit our WEBSITE here!

Subscribe to our YOUTUBE CHANNEL here!

Like us on FACEBOOK here!