Donald Brown
What would your next move be?
7 August 2024 | 4 replies
Ill accept all answers and let me know if you got other questions on my scenario.I just feel like Im at a spot where the options here are endless and I want to continue building my assets to create family wealth and retire early and enjoy life.
James Carlson
Hey House Hackers! Denver's Changing its Occupancy Limits
8 August 2024 | 22 replies
Since "Retirement Communities" are really nothing but Boarding Houses for the elderly, and we can see what Covid 19 is doing in the Retirement Communities, do we really need to learn this lesson all over again?
Sabuj Banerjee
Austin, TX or Cape Coral/Lehigh Acres, FL - Where to invest?
9 August 2024 | 17 replies
A high quality SFR in Austin will pay dividends in the long-run, and don't invest for anything but that. 5-6 years is too little, but if you are to expose yourself to that I would still take Austin.Those deep parts of SW FL are cyclical with retirement up & downs on economic recessions.
Jay Jo
Wenatchee RE Lawyers
7 August 2024 | 2 replies
3 of my faves when I was active for entity structure, contracts and landlord-tenant have retired but Ryan Feeney of Overcast Law was very good with landlord-tenant matters.
John K.
What can I do with $140K cash?
11 August 2024 | 49 replies
So presuming you are on the "add one rental a year plan" after maybe buying 4 with the money you have, I would think it would take a number of years to achieve that retirement goal - but your mileage could vary depending on how much income you need to live on.
Jennifer Fernéz
Let's talk strategy
4 August 2024 | 2 replies
You work a stable job and make $5K a month.
Jonathan Palumbo
Getting into Real Estate Development
6 August 2024 | 0 replies
Anything helps, per this example we could say:A single family home that is not builder grade but not luxury so in the middle being 1,600 sqft, 3 bed, 2 bath.Also a:duplex that is 2000sqft vertical build that is identicle layout on floor 1 and 2. each unit would be 1000 sqft and 2 bed, 1 bath.To note, the loan on property 3 is a DSCR loan because there is not 2 years of stable income from me because I am still in college.If there is anymore info that could be needed please let me know.
Raj Balakrishnan
tenant verification is UNRELIABLE. Scary stuff for a mom & pop investor !!!!!
8 August 2024 | 27 replies
But the reality is that the majority of stable, SUCCESSFULLY self-employed entrepreneurs will do pretty much anything to own their own house, and the ones that aren't financially capable of doing so yet will understand the income-verification problem quickly.
Spencer Cuello
Multi Family Syndications
7 August 2024 | 9 replies
The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.Topics of discussion with sponsor would be:Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.Hope this helps.
Vivek Kumar
People asking to lease for corporate lease or AirBnBing
6 August 2024 | 8 replies
Corporate leases typically provide stable, longer-term tenants, while Airbnb can yield higher nightly rates but may involve more management and turnover.