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2 January 2025 | 3 replies
I would say get connected with a local agent and also set up with a lender that has you pre approved to make it super easy making offers.
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30 December 2024 | 8 replies
Here is my system that I have shared on the forums previously:It all starts with online ads, within which are several pre-screening questions I request be answered in their response to my ad.
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10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
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15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
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11 February 2025 | 167 replies
How much of it was paid in bitcoin?
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9 January 2025 | 1 reply
I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.
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10 January 2025 | 8 replies
Make sure it says they are all responsible for ensuring the rent is paid, not just the one.
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9 January 2025 | 6 replies
@Jaycee Greene I see so at least until he’s paid back the down payment I’d get let’s say 25% and once he recoups that money we go 50/50?
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29 January 2025 | 32 replies
I'd personally never take capital that I am paid to manage without committing my full-time effort to the situation and putting a majority (I reserve the right in the future to make this 1/3rd of my position) of my wealth into the situation.
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7 January 2025 | 16 replies
Here in Portland, there are a couple of different landlord groups/companies that offer pre-made forms.