Hi everyone! I'm looking to purchase my first rental property and would love some advice from experienced investors. I'm based in California but open to investing out of state. My maximum budget is $150K, although I'd prefer to spend less if I can find a property with good cash flow. My main goal...
Hi, all! I hope you are all doing really good and having a Wonderful Day! I'm here because I'm still looking for a property to get started in for investing. But I need someone that I can go to as a newbie. I'm located here in Nevada, and I actually found another building that might work, but I ne...
I have a couple markets where I am struggling to get bridge loans for BRRRR short term rentals. It's due to the "Rural" index (I can't quite remember what it's called, one of the lenders showed me). One of the markets I have a #1 performing STR for guest count so I can prove that I know what I am...
I've been curious about how investors are approaching acquisitions lately. A property that needs $50K in renovations might offer a better purchase price and more upside, but it also comes with contractor headaches, holding costs, and the risk of going over budget. On the other hand, a turnkey ren...
Hi everyone, I'm Pradip. I'm getting started in DFW real estate investing and currently learning the market. My plan is to house hack, buy a primary residence, live in it for a year, then convert it to a rental and repeat the cycle with a new purchase. Looking forward to learning from everyone he...
I’m curious how investors and people working with investment deals are approaching opportunities right now. Are you finding the biggest challenge is sourcing deals with enough margin, managing rehab costs, securing financing, or making the numbers work on the exit? I’m also interested in what mak...
The framework is easy to describe: Buy, Rehab, Rent, Refinance, Repeat. The hard part is making all five stages work together as one transaction. The questions I would stress-test are: · Buy - Is the acquisition basis low enough relative to the renovation cost and realistic after-repair value? · ...
Hey everyone, I'm looking to get started investing in multifamily real estate and would love to connect with experienced investors who are willing to share advice, guidance, or potentially explore a partnership. I'm a U.S. citizen currently living in Germany, so my plan is to invest remotely whil...
Hello, Looking to hear from owner's that have done a seller financed deal or knows of someone that did and what was the outcome, good or bad?
I’ve owned rental properties for many years now. I’m well-versed on property managers, and I’ve worked with some good ones and many subpar ones. But none compare to the horrendous company that is Rentwell in Pittsburgh. Fellow landlords, stay far away from this company. I hope this review can sav...
I have 2 tenant applications. 1 makes 3 times the rent and the other makes barely enough money for rent. I am just concerned about collections. Please advise.
Post: A low purchase price doesn’t automatically make a property a good investment. When I’m looking at a property with an investor, I’m paying attention to more than just the asking price. The real question is whether the property works for the investor’s strategy. Some of the things I look at a...
Honest question for other agents, because I might be making my own life harder than it needs to be. I'm representing a buyer on a rural property and it hit me that everything I know about whether the place is compliant and legally used came from the seller's side. The seller disclosure says the s...
That line stuck with me. He wasn't saying rate didn't matter. It absolutely did. His point was that when he's under contract on a good deal, knowing the financing will actually perform is sometimes worth more than saving a little on the rate. He'd rather know the terms upfront, know what's expect...
Here’s my advice nobody wants to hear If your business/investing consists of buying houses from homeowners in any shape or form, such as wholesaling, novation, double closing, etc. GET OUT OF THE BUSINESS, and develop a new business model. For the new business model you have two choices - either ...
For investors building a rental portfolio, what usually makes DSCR financing attractive for a particular property? Is it the property's income, the overall portfolio strategy, qualification considerations, or something else? What makes you consider DSCR over other financing options?
If you are a passive investor in a deal that owns property in another state, and that state taxes income, you likely owe tax there too, even if you've never set foot in it. Most LPs don't find out until the bill shows up. The income is taxed where the property sits, not where you live. Your home ...
Between tenants on Orange County long-term rentals, these are the drain habits that show up most often: Cooking grease poured into a running kitchen sink (it hardens in the line) "Flushable" wipes that don't break down like toilet paper Hair packed into bathroom traps Skip the guesswork: run a ma...
As I look into STR I can see what the gross nightly rents are.. Then I see that VRBO charges like 8% to be on their platform and Air bnb is 15% so then when PM want 25% your taking 33 to 40% right off the top.. And a bunch of the listings I saw dont have cleaning fee's and I suspect the cleaning ...
Hi everyone, I'm 22 and partnered with a contractor in college to owner finance a property that we own 50/50 and are closing on another deal by the end of the month which we will be purchasing in cash again at a 50/50 split. These are both duplexes in Maine, the first property has been fully rent...
I hear a lot of investors say there aren’t any good deals on the MLS, but how many are actually putting in offers? Just because a property is listed at 280K doesn’t mean the seller won’t take 230K. The numbers still have to work, but you won’t know how flexible they are unless you start the conve...
On long-term rentals in Orange County, "just throw a coat of paint on it" is the turnover shortcut we see fail most. What we do instead: - Wash the walls first. Paint doesn't bond well over grease, nicotine or residue. - Prime the stains. A stain-blocking primer seals marks and smoke odor so they...
When a property has a tight closing deadline, how do you evaluate whether bridge financing is worth considering? Beyond speed, I'd want to understand the financing costs, repayment timeline, and exit strategy before moving forward. What would make a bridge loan a practical option for your deal?
hi, I heard bank owner Reia foreclosure are safe without any issues for my long term buy and hold rental purchase at cheaper price. What are pros and cons of this approach. Please advise
I’m considering offering a security deposit alternative (deposit insurance, surety bond, or similar) instead of, or alongside, a traditional cash deposit. I’d like to hear from landlords who have actually used these products. I’m especially interested in Rhino, LeaseLock and Obligo, but I’d welco...