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10 December 2024 | 5 replies
If you are not starting from a very strong financial position and you do not have the ability to quickly stockpile cash quickly from other means then I definitely agree with that statement from the book.
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16 December 2024 | 23 replies
I'm currently biased towards Indianapolis based on its job growth and affordability, but you could honestly find deals in any of the markets you mentioned (and if your heart is set on the Atlanta metro area, I'd strongly suggest the towns Union City and Fairburn based on their growth, appreciation, and price -- I almost closed on a good BRRRR deal in Fairburn but the rehab was just out of my budget).
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12 December 2024 | 3 replies
I moved from the SF Bay Area to live and invest in Reno, NV because of it being much more landlord friendly, low property taxes, close to Northern CA and Lake Tahoe, strong appreciation, and I understood the market after speaking to a bunch of people and feeling confident about the future here.
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13 December 2024 | 13 replies
Overall great macroeconomics great for investment - there's the booming tech scene, rapid growth in population and the job market, strong rental demand, and landlord-friendly laws.
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9 December 2024 | 9 replies
And if you're open to checking out another market with strong rents, positive cashflow, and 1% deals - I recommend Columbus OH.
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13 December 2024 | 7 replies
That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.
12 December 2024 | 4 replies
@Rachel Seymour-NewtonIf the smaller property is a strong deal with solid cash flow and tenant demand, it could make sense to buy now and start gaining experience.
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13 December 2024 | 4 replies
Another option is exploring secondary market platforms like NotesDirect or Paperstac to streamline sales.Hurdles you might face include ensuring clear documentation, compliance with DSCR underwriting, and strong borrower credit profiles.
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10 December 2024 | 0 replies
We could have held off for a higher offer as the market stayed strong.
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11 December 2024 | 0 replies
They provide strong asset protection, separating your personal finances from your business.