Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
29 January 2025 | 12 replies
Experienced investors typically value properties like yours by analyzing cap rates, cash-on-cash returns, and income growth potential.
Don Konipol
Passive Investor Strategies vs Active Investor Strategies
24 January 2025 | 3 replies
Also, I wanted to convey that the type of investor I describe should on;y accept a quality tenant well above what’s typically considered acceptable in the industry.
Desiree Rejeili
Two Resources That Can Help You Buy a Home Right Now
30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
Typically, I also avoid paid education because there is so much free content.
Trace P.
Thought about Oil heating in properties?
1 February 2025 | 5 replies
Hi, I am keen on a property but checked that it uses Oil for heating (instead of the typical gas or electric).
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
31 January 2025 | 6 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
Michael Overall
DST or other mechanism
20 January 2025 | 3 replies
The typical DST that an informed investor would seriously consider is only available for 80-120 days.Happy to chat nuances if you’d like to DM me.
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.
Cortney Jones
7 units available in Tucson - 7.53% Cap
7 February 2025 | 7 replies
Typically, I run a current income/expense column next to a ProForma column to show potential value add opporunties.I agree with @Robert.
Nicholas Dillon
How to decide if a HELOC for your next deal is a good idea
24 January 2025 | 1 reply
Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.