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27 June 2024 | 3 replies
Hire a Reliable Real Estate Agent (you!)
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27 June 2024 | 11 replies
Rents have increased slowly (not a ton of growth there), but we do have cash flow of about $1000/month & its locked into a 3% fixed rate.
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27 June 2024 | 0 replies
I just locked a first time home buyer at 5.75% FHA 30 year fixed so rates are moving in the right direction. https://www.gotrendvision.com/Post2WebResponsive.aspx?
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27 June 2024 | 14 replies
As someone who is still very new to STRs I'm wondering if a service like Minoan would be worth it or too much of a hassle for newbie getting their other systems locked down.
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27 June 2024 | 3 replies
Hiring a Manager: Decide whether you'll manage the property yourself or hire a property management company.Tenant Screening: Develop a tenant screening process to find reliable renters who meet your criteria.Legal and Tax Considerations:Legal Structure: Consider forming an LLC or another legal entity to protect your personal assets.Tax Implications: Understand tax deductions available for rental properties, including mortgage interest, property taxes, and depreciation.Networking and Education:Real Estate Forums: Participate in forums like this one to learn from experienced investors and ask questions.Local Real Estate Groups: Join local investor meetups or associations to network with professionals in your area.Continued Learning: Attend seminars, webinars, or workshops to stay informed about real estate investing strategies and market updates.Starting with a rental property while keeping your condo as an investment is a great way to begin building wealth through real estate.
27 June 2024 | 9 replies
He was there for a very short time, then I locked up the unit.
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2 July 2024 | 108 replies
You could spend some time doing market research and eventually find a niche, an underserved market that was still pretty good with stable/reliable sales, solid comps and investor interest.
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27 June 2024 | 5 replies
Are they ususally reliable?
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26 June 2024 | 4 replies
It's important to thoroughly vet potential tenants to ensure that they are reliable and will take good care of your property.
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28 June 2024 | 21 replies
She is in a big beautiful house on Parkside Drive with a wing that can basically be separated off by a locked door, but her wing doesn't have a kitchen.