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3 February 2025 | 7 replies
Fannie & Freddie could be a great option for you but they have some strong requirements, Net worth, experience, liquidity, DSCR just to name a few.Happy to connect & see if that product could be a good fit for you.
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29 January 2025 | 5 replies
Use your evenings and weekends for follow-ups and networking.Sending text messages could fit into your schedule too!
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3 February 2025 | 2 replies
@Grace Tapfuma Grace, love the ambition—setting a goal like a triplex by the end of the year means you're already ahead of most people who just ‘think’ about getting into real estate.
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15 January 2025 | 12 replies
What works best really depends on your goals and risk tolerance, but here’s a quick rundown of what I’ve seen happening in the area:STRs: These are still solid in vacation-heavy areas like Naples, Fort Myers, and the barrier islands.
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2 February 2025 | 5 replies
To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.
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8 January 2025 | 9 replies
If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.
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16 January 2025 | 9 replies
For example, I often recommend working with vendors who specialize in rental property maintenance or have experience with rental landscaping to keep your property looking great without overspending.Start Small and SmartFocus on buying a property that fits your budget and investing goals.
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6 February 2025 | 5 replies
Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.
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5 February 2025 | 8 replies
Sometimes you have to get in where you fit in.
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4 February 2025 | 3 replies
Most importantly, choose a market that aligns with your goals!