property investors network (2024)

FAQs

Is Mel and Dave legit? ›

Melanie and Dave Dupuis, well known as Investor Mel & Dave, are innovative real estate investors and award-winning mentors who have SOLELY acquired over 240 apartments in just a few short years in Canada, the US, Mexico and Costa Rica.

As a result of the Federal Reserve's quick interest rate rises, housing prices are shifting down from their 2020-2021 peaks. Investors in rental properties continue to enjoy historically low and reasonable interest rates. Real estate is a long-term investment with a favorable long-term prognosis for current investors.

pin Meetings - property investors network. Networking for property investors. Click Here to book your place. Meetings Home.

Dave offers cash advances of up to $500 — an amount similar to a payday loan. Although there's a fee to get the funds within minutes, it is capped at $13.99, depending on the amount and account being used. There's no minimum account balance or credit check required to get approved.

You could get up to $500 after you download Dave, link a bank account, and transfer it to your Dave Spending account. (1) There's no credit check or interest. There's also no late fees if you can't settle on time.

Buffett: Real Estate Ownership is a Business, Not a Passive Investment. Since it is a business, owning real property can be a mistake for investors looking for passive income investment. Ownership involves maintenance, rent collection, and problem-solving unless you hire a property manager.

NAR forecasts that sales will rise by 13 percent in 2024. “Housing sales are expected to increase a bit from this year,” agrees Chen Zhao, who leads the economics team at Redfin. “However,” she qualifies, “we are not expecting sales to increase dramatically, as rates are likely to remain above 6 percent.”

Best Time to Sell Your House for a Higher Price

April, June, and July are the best months to sell your house in California. The median sale price of houses in June 2023, was $796,400, which is expected to grow more in 2024. However, cities like Arcadia and San Mateo follow an upward trend throughout the year.

Is property sourcing profitable? ›

If you want to dive into the property investing, becoming a property sourcing agent can be a profitable segway. As an intermediary between property sellers and investors, your role revolves around identifying and securing profitable property deals.

The process involves researching the area for investment, choosing a strategy to invest and sourcing leads (whether this be via an estate agents or direct) and ultimately deciding which of those leads will provide the best investment opportunities to then make offers and complete on the deal.

Targeted Letters Direct To Picked Out Properties

Sending targeted letters at specific properties is one way of finding direct to vendor deals. First you need to pick an area you want to invest in based on your criteria. Then you drive around the area looking for specific houses.

Is Dave legit? Dave is a legitimate option if you're interested in mobile banking. It partners with Evolve Bank & Trust, an FDIC-insured institution.

Dave will let you know how much money you can borrow. But heads up: You may not be approved for the full $500, and you can only take out one advance at a time. Pay an express fee or tip (optional). It takes about three days to process the cash advance.

I have been in touch with them and they seem to have a good program. The 10K price though seems excessive.

Why the $1 a month fee? Each time we connect to your bank account, send balance updates, and text you about overdraft danger, we get charged fees. Your membership fee helps us offset those costs.