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22 January 2025 | 25 replies
I was hoping some folks might be in a similar situation or had a similar experience and might be able to share.
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16 January 2025 | 2 replies
Learn what each one of these are, and see which makes the most sense to apply to your specific financial plan. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.
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16 February 2025 | 26 replies
I was in a similar situation in 2021 while living in San Francisco.
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29 January 2025 | 10 replies
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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10 February 2025 | 16 replies
For 99% of situations (the one you are asking about) - I pay for the building "as is".
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30 January 2025 | 56 replies
In fact, some of them have been in the news lately and popped up on the foreclosure list as they are in trouble financially as well.
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23 January 2025 | 24 replies
While I get where they’re coming from, there are definitely situations where a buyer asking for an inspection can be totally legitimate.
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9 January 2025 | 14 replies
May affect your ability to work in the financial field, or in any managerial position of a company that’s raising venture capital8.
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11 January 2025 | 13 replies
If your current lender can’t accommodate you, explore STR-focused lenders like Host Financial or Lima One Capital, or consider bridge loans to buy time while you build your rental history.
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18 February 2025 | 51 replies
Greg is on top of everything and their financials are on time every month.