Jarrod Ochsenbein
My 4th rental property is now under contract
17 January 2025 | 12 replies
Are there any unique considerations or red flags you look for compared to the traditional rental process?
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
23 January 2025 | 12 replies
This will be negative cash flow if using sustained maintenance /cap ex.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
This means the property is owned by the IRA, and all income and expenses flow through it.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Companies have considerable flexibility in choosing where to set up new operations.
Alex Silang
Mass deportations: will it affect rental markets?
30 January 2025 | 62 replies
It will mean LEGAL immigrants will be allowed to flow through and in again.
Jonathan Small
Case Study: Cockroaches to Cash Flow
30 December 2024 | 1 reply
Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Matt Miller
What Systems Are Brokers Using to Run Their Business? (CRM, LOS, Marketing, etc.)
20 January 2025 | 7 replies
I am curious to learn from others as well :) I looked at GHL for my CRM but felt like it was full of features I'd probably never use and the cost was considerably more than what I ended up using: Monday.com.
Michael Daniel
Small single family with tenant
27 January 2025 | 10 replies
I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.