Naveen kumar Vadlamudi
New out of state investor looking for college towns
14 September 2024 | 24 replies
@Naveen kumar VadlamudiMidwest college towns like Kansas, Iowa, Illinois, and Missouri offer excellent investment opportunities.
Samantha Hogue
Late start Okie eager to learn, connect and start investing!
12 September 2024 | 6 replies
The most successful investors I see tend to get laser focused on 1 or 2 strategies in 1 or 2 markets and they get really good at doing the same winning thing over and over.
Nakul Patel
Looking to buy investment property
13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
Sean McKee
FAILED Direct Mailing Campaign (sort of)
13 September 2024 | 24 replies
Excellent advice.
Gurusubramaniam Sundararaman
Tools for managing multiple properties
10 September 2024 | 7 replies
If the utility companies are all different like the properties are in different counties you can put all the properties on Google Sheets/Excel and break the pages down by county and list the addresses going horizontally and put the things you are looking to track Taxes - is this not built into the loans on the properties?
Jay Moore
Recommendations and Advice on Landlord Insurance
11 September 2024 | 1 reply
.#6) Here's an excellent, objective resource that may help further: https://www.investopedia.com/articles/personal-finance/06151...We hope this helps!
Jason Thompson
advice for starting a syndication
16 September 2024 | 40 replies
That is excellent advice.
Alesha Walker
Taxes Went Up - UHOH! Refi??
12 September 2024 | 9 replies
We bought properties in some of the nicest areas in town, focused on appreciation, and houses that just didn't need much from us because they are in excellent condition.
Rami Khaldi
Private Money Lending Terms
11 September 2024 | 3 replies
Im curious about how the successful private money lenders have established terms that have been win-win for you and your lenders.
Kyle Miami
Notice to Vacate 60-Day
11 September 2024 | 13 replies
The tenants are not working with the owner to create a win-win; they are doing everything they can to benefit themselves while holding his property hostage, probably hoping to procure a bigger payout.I would withdraw all offers and hire an attorney immediately.