Ryan Washer
Long Island New York meet up
26 January 2025 | 28 replies
Particularly looking for an investor friendly agent able to take on house hacking clients in NYC and LI
Hira Y.
Property manager still charging landlord after the PMA is over.
6 January 2025 | 12 replies
PM is lying about the fair housing laws.
Tyler Magee
If you had $150k where would you start?
10 January 2025 | 6 replies
I love the idea of flipping houses and I love finding good deals.
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
That alone was the biggest improvement for my business practices and allowed me to take all of my bookkeeping in-house and eliminate the expense I was shelling out for a bookkeeper.
Sterling Pompey
Investing as a Travel Physical Therapist
9 January 2025 | 2 replies
You have to dig a little deeper there are questions that need to be addressed and VOE's filled out with specifics in order to use certain incomes and "stipends".Similar to a traveling nurse who get housing, meals, and other income.
Mike Wilfong
I am New Here
7 January 2025 | 3 replies
I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Brian Plajer
Does anyone invest in Ocala Florida
29 January 2025 | 27 replies
@Shane Regnier I've flipped a bunch of houses in Ocala but have yet to dabble in the rental market.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
Donnie Jones
brand new with high aspirations to learn more
16 January 2025 | 4 replies
I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.