Wayfair has aesthetically pleasing options but I worry they are cheaply made and won’t hold up.

At first, he was anxious about having multiple tenants under one roof, but with the right house rules spelled out up front, it turned into a solid monthly cash fow for him.

Every day is about finding ways to stay productive—reading, strategizing, networking, and setting myself up for the next opportunity.I know I’m not alone in this.

If you ever incur a state income tax in MO, you would typically be able to take that amount paid as a credit against your KS taxes paid, so you won't end up double taxed to both states.

I can update flooring or touch up the kitchen, but no roof, plumbing, HVAC renovations.

Sorry to jump on the back of this original post but I have a follow-up question to this response.

Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.

It seems like there's a lot of opportunity right now in that SEPA and South Jersey area (I'm on Long Island but have worked with folks who operate down there), and you're setting yourself up with smart partners, so you're ahead of the pack here already.I do have a good relationship with a strong commercial brokerage firm in that area, let me know if that would be a useful connection for you.

Hi @Briley RoeNice to hear that you made the first step in investing.Looking at the deals, I would need more information, but per the data that you have, the Cap Rate is within a good acceptable amount.Cash on cash is low, but depending on the area that you are the appreciation will catch up.

Those issues can usually come up during an inspection.You won't need floor insurance unless you're in a FEMA flood plain.