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22 November 2024 | 7 replies
This is more person and human friendly and good for newer investors who want to build locally.
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27 November 2024 | 16 replies
In today's world you need to be about 28-35% down on properties to be gross cash flow positive, closer to 40-42% to be truly net cash flow positive(i.e 50% of your income goes to maintaining the property, other 50% is actually profit).My recommendation is to buy ideally a 4/3 SFR that's a starter-friendly one in a good area, and rent it out by the room.
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20 November 2024 | 8 replies
@Karl Kauper Sadly MA is a very tenant friendly state.
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23 November 2024 | 7 replies
I invested with friends so the lost some money but it is enough for me to scare about this game.
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24 November 2024 | 11 replies
Maybe they give up partial interest in the property or convince a family or friend to help them because otherwise they will literally lose the property.
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15 November 2024 | 6 replies
I am also a recent rent redi user, I dont hate it, but at BPCON24 , i met with hemline and their software looked really good to me.I set up a call with them this week so use their demo, and their AI for the maintenance was very helpful.I don't mind rent redi though, I met many people at the conference, stessa was a one pf the populer ones.
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22 November 2024 | 12 replies
@Fiona Layne-GerminBeginner-friendly strategies for building long-term wealth include house hacking, buy and hold rentals, BRRRR Method, real estate syndicatations, rent-by-the-room strategy, short-term or mid-term rentals, and partnering with experienced investors.
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21 November 2024 | 12 replies
It's important to have your attorney review the title commitment, as I've seen "wholesaler-friendly" title companies include various items in the title exceptions that could cause problems later on.
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15 November 2024 | 1 reply
Unfortunately, there's been reports of user accounts being closed without any reason.
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12 November 2024 | 5 replies
If you're just holding a single property, many start with online services like LegalZoom or IncFile, which are affordable and user-friendly.