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27 August 2024 | 7 replies
Expect to put 30-40% down on the property and then consult a self-directed IRA specialist to make sure you understand all the nuances of how to manage the property and pay for repairs.
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28 August 2024 | 32 replies
I invest heavily here myself with reliable contractors.
30 August 2024 | 70 replies
There are things I learned that I'd have to spend countless hours digging through YouTube and BiggerPockets to find something reliable.
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26 August 2024 | 20 replies
Avoid over-leveraging, have a clear exit strategy, and consult with a real estate agent, attorney and tax professional.Good luck!
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26 August 2024 | 0 replies
This steady income has become a reliable part of my investment portfolio, demonstrating the financial benefits of a well-executed real estate strategy.Reflection:Looking back, this investment has been a rewarding journey of vision, effort, and strategic planning.
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25 August 2024 | 9 replies
Reviews include landlord and applicant reviews, so take it for face value.Myrental (CoreLogic) - 3.2 Stars: An average rating indicates that some users may have experienced issues, but CoreLogic’s established presence in the industry might still offer reliability.mysmartmove.com (TransUnion) - 2.9 Stars: This below-average score suggests that there might be significant drawbacks, possibly in customer service or user experience, despite the reliability of data provided by TransUnion.Turbotenant - 3.6 Stars: Slightly above average, this rating suggests that while the platform is generally satisfactory, there might be some areas that need improvement.
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26 August 2024 | 18 replies
I am not beeping harsh as she requested additional eyes which was good and she was receptive to inputs… I consulted on one today that had 95% LTV OO but no PMI, 2% vacancy as self managed including delinquent rent and tenant turnover, a maintenance/cap ex that was based on percentage but was a quad and her allocation was ~50% of my estimate, and no PM even though she intends to move away in a year or so.
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26 August 2024 | 13 replies
It is recommended that a competent attorney be consulted in any case where legal questions or concerns arise.
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25 August 2024 | 30 replies
Do you have any contacts for reliable contractors in the area that work on rentals?
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26 August 2024 | 8 replies
Consulting with an accountant who is focused on real estate can help you make the right choice here