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29 January 2025 | 1 reply
Ask yourself: Do you know ANY highly successful real estate investors or sales pros who sleep in, waste time, and still crush it?
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29 January 2025 | 8 replies
I highly recommend you start going to meetups.
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19 February 2025 | 32 replies
Some general pros v cons - I'm sure other people will provide other insights as wellPros: -Above market rents- Monthly rent payment on time that you don't have to worry about or chase anyone down for (if full pay)- No shortage of tenants depending on your standards - Tenants are incentivized to not trash/destroy the unit, otherwise they'll lose their voucher (Yearly inspections made by local S8 inspectors to keep everyone honest- Rental payouts are normally adjusted 1-2 times a year to keep up with market rentsCons:- May take a little while to get onboarded - dealing with local govt can always take longer than expected - Generally won't have a super high credit score (to be expected given it's the govt paying for rent)- Each unit will need to be inspected and meet a certain living standard in order to be approved for fundingYou'll want to make sure you work with a property manager who has extensive experience in working with S8.
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17 January 2025 | 24 replies
JP Ruiz: Knows more about 401ks than anyone I’ve ever met…crazy smart, articulate, highly inappropriate sense of humor.
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24 January 2025 | 8 replies
and you will have many many applicants assuming the quality of the rental and the rents requested.
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4 February 2025 | 2 replies
The monthly cost is high, but we currently are cashflow positive about $1,200 a month.
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13 January 2025 | 11 replies
Simple touches like fresh paint, landscaping, and clean walkways can make a big difference.Highlight Key Features: During the appraisal, point out any high-quality materials or unique features you've added.
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27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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10 January 2025 | 8 replies
North Park buyers might love a historic Craftsman with modern touches, while La Jolla buyers want high-end finishes and panoramic views.
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12 February 2025 | 75 replies
If it's a high dollar home, then no more than $1,000.