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23 January 2025 | 7 replies
You got some solid advice above check with your lender and get in contact with an attorney like @Bob Floss II who can help setup the OA.Assuming there is no pushback from your lender, you should be able to do a quit claim deed to retitle.
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12 February 2025 | 27 replies
I’ll cover a few of those for you as well as try to offer some advice.
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30 January 2025 | 4 replies
Comps in the last 30 days sold between 90,000-100,000.Any advice on what you guys think would be the best thing to do?
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16 February 2025 | 20 replies
I can't add a lot of advice to the specific strategy, but I would urge you to focus on simplicity.
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27 January 2025 | 3 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.
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19 February 2025 | 32 replies
@Byoung Bae would NOT recommend an inexperienced investor try to DIY manage OOS anything other than a Class A rental.The odds are against you and you will statistically lose a LOT of money.Read below for some friendly advice:-----------------------------------------------------------------------------------------------------------Recommend 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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28 January 2025 | 15 replies
Your advice is truly appreciated, and I'm excited to dive into this journey!
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29 January 2025 | 7 replies
@Nathan Gesner thank you for your advice that's a good point - much appreciated 🙏
10 January 2025 | 5 replies
Any advice or ideas would so appreaciated!
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7 January 2025 | 11 replies
Hey Jimmy,Thank you so much for your great advice!