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26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------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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23 January 2025 | 5 replies
To me a house hack will most likely work in Tulsa - I haven't done any research on that area, but as far as I know it's not a crazy market like places in California etc.Also read a lot, get some books from your local library or purchase some online.
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19 January 2025 | 3 replies
Before seasoning period ends, I want to sell to my younger brother who purchases with conventional mortgage.Is there anything wrong with this idea?
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19 January 2025 | 9 replies
Just curious, what did you end up purchasing after and why?
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18 January 2025 | 17 replies
I am from the Chicago area and looking to purchase my first property in the next 3-6 months.
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24 January 2025 | 6 replies
Three out of my first five purchases were from the MLS.
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7 January 2025 | 16 replies
Quote from @Tyler Kesling: I have a goal of purchasing my first property July 2025.
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19 January 2025 | 0 replies
Purchase price: $376,613 Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settle and grow.
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12 February 2025 | 17 replies
Every house I have purchased was sold "as-is" (good opportunities) and had no bearing on the deal.
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23 January 2025 | 5 replies
Most lenders are going to be limited to 70% of ARV ($560,000 total loan amount) but that means they could fund 85% or a bit higher of purchase price + rehab ($560,000/$645,000 = 86.8%), which is solid.