Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
17 December 2024 | 20 replies
But, unemployment, as measured by the US Census is unlikely to explode.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
Websites like Rentometer can give you a quick snapshot of rental comps in your area.Multi-Unit Strategy: If you can swing it, aim for a 3-4 unit property instead of just a duplex.
James Wise
Failed Leadership is why California is on fire.
15 January 2025 | 109 replies
Florida and Georgia have been locked in court cases since Bush II; there are disputes over water rights from the Colorado River where agreements on utilization of flow as measured in acre-feet were made in 1800s and are no longer sustainable.
Sam Epperson
How to find off market deals for investors, as a realtor?
7 December 2024 | 8 replies
Aim to represent the seller primarily.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
Neither of these properties is a median-type homes in Memphis, no matter how you measure.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
Or any game that aims to reduce FICA.However, among other advantages, a partnership allows an even better control over your FICA taxes via guaranteed payments - a partnership's version of W2.
Jinglei Shen
duplex, ohio, cash flow deal analysis
10 December 2024 | 12 replies
Cleveland investors often aim for COC returns of 8–12%, so you’re in the right range.Net Cash Flow: $277/month is positive and provides a buffer for unexpected expenses.
Ibrahim Atoum
Plan on House Hacking
5 December 2024 | 2 replies
Aim for a 620+ credit score, save for a down payment, and research markets with strong rental demand.
Itay Heled
Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
8 January 2025 | 146 replies
ETWhen Tylisha Slaughter learned that the West Philadelphia rowhouse she rented was going to be auctioned off in a sheriff’s sale, she sensed opportunity.Slaughter, now 30, aimed to buy the home near Cobbs Creek Park on the cheap and restore it from the “slumlord”-like conditions she, her boyfriend, and her two young children had been living in.But on the day of the sale, she said, she found herself up against an out-of-towner with lots of money to spend: Brandon “Dutch” Mendenhall.