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22 January 2025 | 2 replies
The other main way I did it was by just telling people that I invest and kind of just talking about it all the time.
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18 February 2025 | 43 replies
I’ll also say that the cash flow more than doubled over the past few years for these reasons:1.
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19 January 2025 | 11 replies
I think my main pain point is underwriting the property as it is and then seeing what it could be and then making decisions on if it's worth and how those decisions are made.
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21 January 2025 | 2 replies
Instead I want to take advantage of the opportunity I have of living rent free to invest my time and money in STR's to hopefully build that portfolio up and eventually make that my main source of income (I understand that will take time).
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29 January 2025 | 11 replies
So as a newer person in an area if you want a lot of bids before you close you'll normally end up with the more expensive guys or the ones that don't have work at the moment (usually for a reason).
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22 January 2025 | 3 replies
My main question is whether it makes more sense to go the seller financing route and pay off the principal in 8–10 years or stick with a standard 30-year loan.My thinking is that the tax deductions from a mortgage wouldn’t outweigh the potential equity I could gain over those 8–10 years.
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11 February 2025 | 25 replies
I miss not having a feature request or roadmap presented so we know what we can expect in the future.Here is a list of our main issues:1) Maintenance.
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27 January 2025 | 3 replies
We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.
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29 January 2025 | 21 replies
I recommend checking the areas near University Circle for that reason, but there are some spots not far from there that can be rough, so do your due diligence.
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22 January 2025 | 12 replies
Lenders stopped allowing rent by the room due to modifications done to the property resulting in functional obsolescence and significant cost to cure in the event there was a default and they needed to foreclose on the home and resell it, given that the main buyer pool for single-family homes are primary occupants.