Matthew Orr
Should I sure for specific performance?
26 January 2025 | 2 replies
The contract with the wholesaler also expires on Monday the 27th, so I have my concerns about this just being a stall tactic to get out of the contract.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
@Ofir R.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?
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
Plus the added requirements around getting drawings and general contractor for even adding a tiny closet.
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fire DamageI received an insurance check of $380K for the fire damage.After Paying off the Mortgage + Escrow + Realtor Fee's, I'll be left with about $150K.My question is will I get taxed on this $150K?
Kevin Green
45-Minute Drive, Big Lessons: Teaching Kids About Real Estate
14 December 2024 | 0 replies
.• How to think creatively about building wealth.Once at the property, the kids explored, asked questions, and saw firsthand how opportunities are created through smart investing.Involving children in real estate teaches them:• Financial literacy in a hands-on way.• Entrepreneurial thinking and problem-solving skills.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
Because it doesn't matter how much you get on a PA if it can't appraise.
Alejandro Martinez
Canadians investing in US - Toronto
4 February 2025 | 31 replies
I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I get a lot of applications from out-of-area people, typically moving from another state.
Anthony F.
Pay Off Second Home or Leverage into New Property
4 February 2025 | 11 replies
Cash Flow & Value-Add PotentialA well-selected multifamily property could outperform the $2,400/month cash flow you’d get from paying off the townhouse, especially if you find a property with under-market rents or appreciation potential.
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
The guy who runs it lays it out like this..1-5 rentals you are still doing okay, have more stuff come up between all rentals the closer you get to 5 or at 5.