Gil Canfu
🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
30 January 2025 | 14 replies
@Gil CanfuBased on my experience working with over 400 investors, investing in a single-family home in Dallas with a $300K budget is a smart move due to the area's strong rental demand and appreciation potential.
Tre DeBraga
good markets to invest in MA for house hacking
4 February 2025 | 2 replies
I am wondering if anyone has good places to research affordable yet healthy/upcoming markets to invest in MA. looking to get into my first househack/203k so just trying to figure out where to look.
Josh Otero
What’s the hardest part of being a property owner?
18 January 2025 | 18 replies
My tough today is different than my tough next week.Many new(er) investors struggle to manage their rentals well.
Ryston Watts
First home through NACA
20 January 2025 | 1 reply
congrats on the Naca program I have sold a handful of my OREO to Naca buyers.. its a great program takes some resolve to go through their initiation process.Â
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
1 February 2025 | 7 replies
I've been on the western slope for over 30 yrs.I built my primary, its; Slab on grade, stucco, concrete roof, painted with E-84n roof soffits and tailings fire caulk (anti-ember) vulcan fire vents, 4 car wide concrete driveway, extra large house numbers, red 3/4" hoses on reals @every corner, completely denuded of vegetation 100ft.
Kaleb Johnson
Best Area For Starting Out
4 February 2025 | 41 replies
My opinion on this is split between two answers:1) invest in your backyard.
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal? Newbie
21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
Makani Donaldson
What is considered a good cash flow?
26 January 2025 | 16 replies
Cash flow is the buffer between keeping my property long enough to get rich and losing the property in foreclosure.Â
Kathy Merkh
Finance International Group, LLC
24 January 2025 | 13 replies
What I recommend people do is tell the lender ok great I am going to want to use my own title company to close this so funds would go to them.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
I'm going to ask my insurance company.