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3 December 2024 | 29 replies
Are they going to be around for a while@Lena Truong if you wouldn't mind sharing your experience again in a couple of months, that would be great!
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29 November 2024 | 1 reply
But I can't help but think that I could benefit from the occasional discussion about real estate strategies or bounce opportunities off one another.Coach Carson's RPM program details below:Cost: ~$2500/yearBenefits (form Website):Personalized Coaching: Members receive direct support and feedback from Coach Carson and selected coaches, including monthly group coaching sessions, one-on-one "hot seat" calls, and small group coaching within Action Teams.Action Teams: These are accountability groups of 8-10 members that meet weekly over a three-month period to set and achieve goals, fostering perseverance and resilience among participants.Comprehensive Resources: Members have access to a repository of documents, systems, checklists, and more in the community swipe file, including tenant screening criteria, due diligence checklists, and rental analysis spreadsheets.Exclusive Community: RPM offers a private community of like-minded investors who prioritize time and freedom over scaling rapidly, providing a supportive environment for shared learning and growth.The Group Targets:Investors with experience owning 1 to 8+ properties, whether short-term (e.g., Airbnb), mid-term, or long-term rentals.Individuals who are coachable, hardworking, and value time and freedom over aggressive scaling.
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26 November 2024 | 8 replies
If not in-person meetups or clubs, do you know of great online meetups?
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29 November 2024 | 9 replies
Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.
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1 December 2024 | 6 replies
Keep in mind not a lot of people are willing to do the shorter term rental so everything is negotiable and they will pay a premium.
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27 November 2024 | 16 replies
Lord knows there are a lot of fancy, online GP's now with beautiful websites, YouTube channels, and 10 people in their investor relations department but only 1 inexperienced guy in their acquisitions who couldn't underwrite a lemonade stand.good luck :)
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26 November 2024 | 31 replies
You have to start with your long term goal in mind.
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30 November 2024 | 1 reply
Low Maintenance & Energy Efficiency: New homes require significantly less maintenance compared to older properties, plus they are built with energy efficiency in mind, making them more cost-effective in the long run.7.
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27 November 2024 | 10 replies
If you have never done this as a full time business I will throw caution to the wind it is not as easy or as profitable as online forums make it out to be, and if you need money for living this probably is not going to sustain your lifestyle for the first several years.
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1 December 2024 | 15 replies
Tell them that you are serious about running a quality STR and to have them call you at the first sign of problems.That will give them some peace of mind and have a way to get a hold of you instead of calling the cops.