Chris Wilburn
North Portland/Arbor Lodge House Hack
19 March 2024 | 12 replies
I think the lesson here is to interview potential agents about how they handle difficult communication, unexpected findings on inspection reports, etc.
J Newman
Change in Management due to Death - Newbie and Longtime Landlord
18 March 2024 | 1 reply
Here's some background that might be helpful: My mom died last year unexpectedly.
Maria Moya
People keep telling me not get into real estate
19 March 2024 | 11 replies
If you buy right and learn to run your numbers correctly you’ll always have enough money to cover your bills barring an unexpected loss.
Anna Howe
Help! Should I rent or sell my house
18 March 2024 | 10 replies
Will you have the time, resources, and mental commitment to dealing with tenant issues, maintenance, and other unexpected challenges that arise with property ownership?
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
Quote from @Michael Smythe: @Nicole Sweat Martel stopped referring our company because we wouldn't support their optimistic numbers on purchase price, rehab budget, ARV and rent.We also dealt with a lot of novice investors who didn't seem to want to take the time to understand the process and the challenges.ALL investors should understand that when renovating old homes, there are unexpected surprises that no one could predict.
Jesse Kassel
Last minute, first investment property advice
18 March 2024 | 10 replies
Considering the potential for unexpected costs, especially with the unpermitted addition and the need for significant updates like roofing and windows, the profit margin seems tight.IDK, the significant dip into your savings for a project with many unknowns could strain your safety net.
Julia Hagen
Just spent $7,000 on home warranties..?? 😫😳
19 March 2024 | 46 replies
I was hoping that we could continue investing this way because we wouldn’t have to worry about big, unexpected costs while dealing w/tuition.
Katie Miller
What's something nobody tells you about Real Estate Investing, but should?
17 March 2024 | 29 replies
Keep a keen eye on economic indicators, employment rates, and local development plans to gauge the overall health of the market.Maintenance Costs Can Sneak Up On You: It is easy to factor in property taxes, insurance, and regular maintenance, but unexpected repair costs can throw a wrench into your financial plans.
Mark Goncalves
Buying a second rental property
17 March 2024 | 7 replies
i want to buy a another 2 family, but not house hack.. the electrical component won't come until November 2024 and then I still have to split other utilities should I wait till that project's done?
Andrew Lax
Seller Financing Dodd
17 March 2024 | 6 replies
If you want to stay in the active real estate game but not wanting to buy right away you could 1031 into specific DSTs that have a 721UpReit OPTIONAL component.