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12 July 2024 | 155 replies
I truly believe that short term rentals are the fastest path to financial freedom.
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10 July 2024 | 19 replies
I can attest to the doc sets being comprehensive and templates being excellent.
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10 July 2024 | 6 replies
I love that you rented two of your bedrooms as mid term and short term rentals and made enough to pay for the mortgage and now you are going to use the rental income to show you can qualify for another property.This is an excellent strategy and one more people should consider doing in this inflationary environment to offset the biggest cost in their budget--housing.As you rightly point out, you can use this strategy with every house you buy accumulating a portfolio of houses that you originally started out living in as a primary residence every two years.Well done and more people should consider doing the same, or rent their garage, or shed, or a boat, or an extra car.Love it!
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11 July 2024 | 17 replies
If you are looking for someone to teach you syndication, a common thread is to start a thought leadership platform: podcast, post on LinkedIn, post on BP, create YouTube content.I would say, if you have almost no understanding of what Cap rates are, the basics of underwriting and excel modeling, how to find brokers, etc a mentor can help accelerate your learning.
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11 July 2024 | 4 replies
(We were planning to move back to our rental and rent our primary due to higher rents so started to rehab the primary then found out insurance would not insure us due to the high fire risks if we changed so ended up rehabbing both houses and burned the savings).Our dilema is we don’t want to sell either of our current houses due to excellent locations and appreciation potential but want to progress with more rentals.
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9 July 2024 | 5 replies
Check out this excellent article from Banker and Tradesman, "You Rarely Know All Your Agent Does".
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10 July 2024 | 9 replies
I'm going to ride it out here for a bit on Avail because of the features I mentioned and their excellent customer service, but not driving tenants to my listings could result in thousands of dollars being left on the table.
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12 July 2024 | 42 replies
That's EXCELLENT!
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9 July 2024 | 5 replies
San Antonio is an rich vibrant city full of affordable housing, tourist attractions (Alamo, riverwalk, sixflags, white water and more), military bases (Fort Sam Houston, Lackland Air Force Base, and Randolph Air Force Base) and surrounded by great suburbs (Stone Oak, Alamo Ranch, and the Dominion).San Antonio reclaimed its spot as the nation's fastest-growing city in 2023.
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10 July 2024 | 12 replies
Columbus is probably gonna be the way to go, with the city being one of the fastest growing cities in the U.S.