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Top related persons:
Chris Heller - 1 Victor Whitmore - 1 Whitmore - 1 Travis Hanson - 1 Thomas Harr - 1 Harr - 1 Heller - 1 Jackson - 1
Top related locs:
Tulsa , Oklahoma Lubbock , Texas Columbus , Ohio Cities Houma LA Johnstown Beckley
Top related orgs:
Investors - 1 Trading Economics - 1 Columbus - 1 Dothan - 1 Sumter - 1

Search resuls for: "Victor Whitmore"


3 mentions found


☆ 10 US cities where real-estate investors can get the best bang for their bucks in lower home prices relative to higher rents charged, and 10 with the worst returns, according to a research firm
  + stars: | 2023-06-03 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +6 min
Agent Advice found 10 cities that yield a high return with home values below the national median. A shortage of new listings is helping to steady property prices as elevated interest rates present affordability challenges for buyers." Cities with the best returns on investmentA recent study by Agent Advice analyzed home values and typical rent prices across US cities. He added that the top ten cities for the best ROI have a typical housing value far below the national average. And as many as seven of the ten have a typical housing value less than 50% of the national average.
Persons: Chris Heller, Victor Whitmore, Whitmore, Travis Hanson, Thomas Harr, Harr, Heller, Jackson Organizations: Investors, Trading Economics, Columbus, Dothan, Sumter Locations: Tulsa , Oklahoma, Lubbock , Texas, Columbus , Ohio, Cities, Houma, LA, Johnstown, Beckley, WV, Decatur, IL, Shreveport, Peoria, SC, Texarkana, TX, TN
☆ A real-estate investor who started with 2 single-family houses and leveraged their debt to scale to over 2,400 rental units shares 4 tips he and his partner used to maximize cash-out refinances to pur
  + stars: | 2023-05-18 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +9 min
The cash was then used to purchase then next set of investment properties. Whitmore and his now business partner, Joel Thompson, saw a newspaper ad for two run-down single-family houses in Tulsa, Oklahoma. Whitmore scraped the cash from two tax refunds, buying and selling used watches, and an $8,000 loan from his parents. The rental income is used to pay back the loan or mortgage, while the cash is put towards purchasing the next property. But for a $50,000 house, Whitmore says you can spot structural issues just by looking for cracks in the interior walls or in the exterior brick.
☆ A real estate investor with a $36,000 salary scaled to 2,400 rental units after buying 2 run-down, single-family homes with a partner. He shares his top 5 tips for getting started with little cash.
  + stars: | 2023-05-14 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +9 min
They used this process multiple times until they scaled into multi-family properties. Over the years, he took a light interest in real estate after reading Robert Kiyosaki's "Rich Dad Poor Dad." In May 2003, he came across a newspaper ad for two local single-family houses in Tulsa, Oklahoma. Of those units, 20 were single-family homes and 2,403 were within multi-family complexes, according to property records viewed by Insider. He has since sold most of his properties for profit but still owns three multi-family units that hold 471 rental units.
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