The Columbus, Ohio housing market is extremely hot right now, despite higher interest rates.
There is a lack of supply, meaning anything priced appropriately is selling like hotcakes.
Especially true for single family houses and small multifamily.
A stock craters 75%...
Person sells at a big loss.
Why?
To avoid stress.
Biz owner is burnt out from Covid. Just wants cash in 40 days to wash their hands of it all
Money is secondary.
Never assume the person on the other side of the table has your same motivations
I tell people the discounts we buy RE at & they say "Who would sell at a 25% discount?"
Because it's not always about money.
If your mom left you this house + you need money now,what would you do?
Being a part time real estate investor can add 000s to your net worth fast
Just 1 house per year will put you in the 1%
Hardest part is starting.
Here's everything you need to know (from a fellow part timer) 🧵
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1. RT this post
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Twitterverse:
I need a good fiction book to read this weekend. Prefer sci-fi but open to other genres. Must be a great writer whose prose is enjoyable to read in itself.
Ideas?
@EdelkopfYossi Anybody wanna buy a couple triplexes in Pittsburgh? One's renovated, the other demoed and ready for renovations. Sale comes with a couple empty lots as well. Daddy's got to finance a web3 project.
If you've been looking to buy commercial real estate this month is the best time to find a deal if you can close by year end. Ton of low hanging fruits.