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25 February 2025 | 1 reply
I also have experience managing single-family rentals, including Section 8 properties.I am here to network, share insights, and connect with like-minded investors, lenders, and operators.
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27 February 2025 | 11 replies
.: Investors Beware: My Costly Experience with Rent to Retire (RTR)I strongly advise against blindly trusting the data provided by turn-key investment providers, including Rent to Retire (RTR).I invested in a property in Texas City, TX through RTR, and it has been a financial disaster.
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23 February 2025 | 7 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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25 February 2025 | 0 replies
.- Most housing markets are significantly undersupplied for new lots to develop, including Nashville.
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24 February 2025 | 0 replies
This could be due to a variety of factors, including market conditions and changes in demand.
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19 February 2025 | 0 replies
The contract must include a provision that allows for a 22-day period to assign to a buyer.
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24 February 2025 | 16 replies
Many hard money lenders offer loans that include rehab costs, which could be beneficial for your BRRRR strategy.Alternatively, if you find a lender that offers a DSCR loan with a lower down payment requirement, that could be another route to explore, especially if you already have positive rental income history.
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24 February 2025 | 6 replies
(If you have any books or podcasts with more information please include them as well).
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24 February 2025 | 0 replies
Additionally, the amendment might encourage local governments to raise sales taxes to offset the lost property tax revenue, spreading the tax burden to a broader population, including those who do not own homes [4].Broader Context and AlternativesGeorgia already has multiple state homestead exemptions in place, including the Standard Homestead Exemption, age-based exemptions, and exemptions for disabled veterans.
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24 February 2025 | 5 replies
A lot of real estate contracts include due diligence periods for exactly this reason.If there are no contingencies, you could still try negotiating with the seller.