Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
Home prices are one, cost of living and relatively disaster-free weather keeps insurance costs down.You can look up the median home price for every city or metro area.
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
His course will cost you 5k plus the downpayment of say $2500 on a property that likely needs work before it's ready for inspection.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
I've done a rent credit for the price it would have cost to me to have the property cleaned in a past rental due to immediate turn around.
Argel Algura
Out of state investing and creative deal making as a newbie investor 1 year in
30 January 2025 | 5 replies
Purchasing a “distressed” property and “repositioning” it requires significant capital for improvements, build outs, holding costs, maintenance.In looking for that “needle in a haystack” slam dunk great deal you’re competing with very knowledgable, greatly experienced investors with the cash to make no contingency offers and close in a few days.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
It has good integration, is cost effective, and the direct booking feature is pretty good!
Eric Maxwell
1st time landlord
9 January 2025 | 1 reply
I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
If you're refinancing six properties, bundling them into a portfolio loan might help you consolidate debt, reduce rates, and avoid individual property issues like this.Negotiate Closing Costs or LTV with Kiavi.
Noel Coleman
Unlicensed & Uninsured Contractors
6 January 2025 | 7 replies
I think there is a common misunderstanding that licensed contractors cost more.
Aaron Bard
Easy Street Capital (Legit or No?)
1 February 2025 | 19 replies
Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.