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22 February 2025 | 5 replies
Look into Virginia Credit Union, Freedom Bank of Virginia or Dominion Energy Credit Union.
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20 February 2025 | 10 replies
@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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13 February 2025 | 35 replies
I'm the same way, I'm originally from Portland Oregon and moved out to a new real estate market for this exact reason.
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8 February 2025 | 13 replies
If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.
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9 February 2025 | 3 replies
If it’s over that amount they’ll send photos and quote that you can accept or shop around.
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13 February 2025 | 4 replies
Check out Taskrabbit, or Thumbtack.
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26 February 2025 | 1 reply
I am particularly interested in learning about finding good deals, budgeting for renovations, and avoiding common pitfalls. if anyone has any advice, recommended resources, or personal experiences to share, I'd really appreciate it!
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26 February 2025 | 3 replies
Has anyone else considered this or already doing it?
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13 February 2025 | 2 replies
Might have to be more creative or use STR
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17 February 2025 | 7 replies
As an aside, insurance companies are inspecting most properties one way or another in the current market.