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21 February 2025 | 14 replies
Quote from @LaShon Evans: Looking to get started this spring with the purchase of my first SFH for a LTR situation.
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29 January 2025 | 7 replies
I have a followup question - I will realize a lot of capital gain from this home in Idaho, so I think unless I purchase a new primary residence I will have to pay that capital gains tax.
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21 February 2025 | 29 replies
@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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4 February 2025 | 7 replies
If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.
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9 February 2025 | 3 replies
@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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9 February 2025 | 5 replies
I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.
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21 February 2025 | 6 replies
And I don't think anyone else will be able to get a loan if you decide to sell it in the future - which obviously impacts its value.Yes, you can do Conventional, FHA, VA, and USDA loans to purchase existing or new manufactured homes.
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4 February 2025 | 6 replies
I think if you just attend any group, you'll find investors that purchase remote and local and you'll be able to learn.
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6 February 2025 | 3 replies
I recently purchased a second foreclosure property, another condo on the east side, and am looking forward to flipping this one.
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20 February 2025 | 11 replies
In Columbus Ohio, you can still find deals that hit the 1% rule anywhere from $120-180k purchase price.