All Forum Posts by: Wale Lawal

@Alec Jacobs

I would use platforms like Zillow Rental Manager or Avail for rental management, for listings and tenant screening, and tools like Cozy or Buildium for rent collection. Use customized leases with state-specific templates and consult a lawyer for complex issues. Focus on building a network of contractors for repairs, set clear boundaries for house hacking, and take advantage of tax benefits. Screen tenants carefully, budget for vacancies, and keep learning with books like The House Hacking Strategy and Landlording on Autopilot.

Good luck!

@Devon Shives

From my experience, If you're considering a cash-out refinance, negotiate for a smaller amount to keep the increase in your mortgage payment manageable. Explore strategies like house hacking or creative financing options, such as DSCR loans, to make the most of your leverage. Before moving forward, have a clear plan for how you'll use the funds, whether for a down payment, property rehab, or another investment opportunity.

Good luck!

@Robert Westenberger

If I were in your shoes, I would focus on multi-family homes, single-family homes with ADUs, or live-in flips, and explore financing options like FHA loans, conventional loans, or first-time buyer programs. Use tools like MLS, Redfin, BiggerPockets calculators, and Zillow for cost and income estimates, and enhance research through networking. Start with simple repairs, plan for vacancies, and ensure professional inspections.

Good luck!

@Sushil Iyer

With my experience, to analyze properties effectively, you can start with resources like MLS listings, Crexi/Loopnet, tax assessor websites, or paid tools like Costar and Reonomy. Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers' agents as part of due diligence. If information is limited, use market-based assumptions to run a "worst-case" analysis. Enhance your multifamily investing knowledge through books, podcasts, networking, and consistent deal analysis. Focus on growth areas, understand local regulations, and use your rental history to build credibility with brokers and sellers.

Good luck!

@Alex Collins

As mentioned by Jonathan Greene.

If you're transitioning from nursing to full-time real estate investing, focus on house-hacking in high-demand areas like downtown Indianapolis, Carmel, or Greenwood, targeting short-term or mid-term rentals. Start small with simple rehab projects like painting or landscaping to boost value without overextending. Use financing options like FHA loans or private lenders and prioritize local properties to streamline management. Build a solid team and evaluate deals carefully using tools like BiggerPockets calculators to ensure strong cash flow and returns.

Good luck!

@Caiden Mooney

To save $50,000 for small multifamily goals, explore VA loans, house hacking, and creative financing. Focus on market-specific areas like Hinesville, Richmond Hill, and Savannah. Network with professionals, use tools like BiggerPockets Rental Property Calculator, and explore grants or incentives for affordable housing.

Good luck!

@Caleb Thompson

To start house hacking in Tulsa, join local real estate meetups, join online forums, and connect with local experts like real estate agents and property managers. Attend property auctions and city planning meetings to meet people involved in the market. Maximize learning from experienced investors by asking about their journey, offering value, and being clear on your goals. Familiarize yourself with Tulsa neighborhoods and property prices, keep educating yourself, and plan your first deal. If you need help identifying networking events or tailored advice, contact the author.

Good luck!

@Clarence Harvey

To start investing in real estate, join Real Estate Investor Associations (REIAs) like Greater Cleveland REIA and Akron-Canton REIA. Find meetups on platforms like Meetup.com, Eventbrite, and local events like Cuyahoga Land Bank Events. Join Facebook groups like Cleveland Real Estate Investors or Ohio House Hackers for upcoming events. Prepare your elevator pitch, engage online before attending, and ask questions to maximize networking. Utilize resources like Cuyahoga County Property Auctions and Cleveland's Neighborhood Progress to find distressed properties and track redevelopment trends. Building your network now will be beneficial as you scale.

Good luck!

@Joshua Huang

To maximize opportunities in distressed properties, target high-priority areas with strong growth, such as Katy, Cypress, Spring, Humble and Magnolia, Woodlands and League City, 77009 (Heights), 77007 (Rice Military), and 77020 (East Downtown/5th Ward). Look for affordable but growing areas like Baytown and La Marque, and consider properties needing light to medium rehabs. Maximize opportunities by ensuring pre-approval or cash reserves, partnering with local agents and focusing on areas where rents cover 1.2%-2% of the property price.

Good luck!

@Alex Longinidis

Prioritize immediate safety and mid-term needs for house repairs and upgrades. Modernize upstairs units for rental income and update as needed. Build a team with local contractors and use property management software. Create a digital folder for lease agreements and tenant records. Connect with investors, navigate Troy, and manage stress.

Good luck!