![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/95523/small_1621416797-avatar-ateter.jpg?twic=v1/output=image&v=2)
1 October 2024 | 15 replies
Initially, I pursued wholesaling with the goal of generating income to eventually buy and hold properties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1662136/small_1695166668-avatar-shawnc164.jpg?twic=v1/output=image&v=2)
2 October 2024 | 3 replies
I also did an initial telephone screening/interview and check references.
4 October 2024 | 26 replies
When we initially bought the homes we were able to lease for $2800-$3200/ month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3103518/small_1724126691-avatar-shubhamp9.jpg?twic=v1/output=image&v=2)
1 October 2024 | 12 replies
This cash will go toward the down payment, closing costs, and initial property expenses. 2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2995694/small_1712980027-avatar-sinuway.jpg?twic=v1/output=image&v=2)
4 October 2024 | 11 replies
However, some investors are comfortable with this approach, especially if they prefer to limit their initial capital and plan to refinance a few years after purchase—particularly as discussions about the Federal Reserve lowering interest rates into 2025 continue.Ultimately, successful investing hinges on selecting a growing market, a desirable neighborhood, and assembling a strong support team.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3089604/small_1723153805-avatar-johna1172.jpg?twic=v1/output=image&v=2)
2 October 2024 | 4 replies
The main issues are: 1. gross revenue has been less than half the projections the PM initially provided and what is on AirDNA, and 2. gross revenue has dropped 30% from last year to this year despite me investing over $125K in improvements (new pool, new fire pit, new landscaping, new dog yard).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2372298/small_1727712589-avatar-elisseg.jpg?twic=v1/output=image&v=2)
1 October 2024 | 6 replies
Some of those houses are poorly built, though they initially look great.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/319798/small_1621443954-avatar-brentsalzr.jpg?twic=v1/output=image&v=2)
4 October 2024 | 8 replies
Like I mentioned before the initial reason for setting up the LLC and running the short term rental through it was to show income through our tax returns and have more access to lending in the future.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/436612/small_1694557959-avatar-bradleym5.jpg?twic=v1/output=image&v=2)
1 October 2024 | 5 replies
Still, no.The next day she feels 10k is reasonable.I initially was inclined to help her with a new bedroom set, and return of security deposit along with not charging the month of september while she finds a new place.My responsibility or not, amicably helping a tenant vacate quickly is in everyone's best interest.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1540521/small_1621513363-avatar-gregm2020.jpg?twic=v1/output=image&v=2)
7 October 2024 | 190 replies
In fact, it was the rise of cryptocurrency that gave me the initial funds to invest in real estate.