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19 December 2024 | 24 replies
I just typed out a response TWICE and both times this site killed my response for one reason or another.
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27 December 2024 | 6 replies
I look forward to engaging with you all, sharing insights, and hopefully contributing to discussions as I progress on my journey.
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9 January 2025 | 9 replies
Can you share more about why someone should never sell subject to?
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31 December 2024 | 13 replies
You will want to insure a number of things as an MTR landlord: your interest in the building itself (owner's policy), your contents (owner's policy), your interests if a renter or guest is hurt on-site (landlord policy), and possibly flood, wind, lost-income policies.
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19 December 2024 | 8 replies
I used a LOC to build a 12 site RV park in a small town, opened it up and 1.5 mnths later, I'm full occupancy and servicing the debt (some of it at 8.75%) & cash flowing.
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27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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26 December 2024 | 9 replies
They are there on time reliably, do a good job managing inventory/off site laundry, and generally do a good job cleaning overall.
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3 January 2025 | 26 replies
Good luck, you are a busy man with school, family and baseball.Likely your best bet is house hacking (if your partner and child are willing to share housing).
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19 December 2024 | 8 replies
Independent living with assisted living nearby or on site for a transition could work well though!
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30 December 2024 | 16 replies
Not a book, but Bill Faeth has a lot of free, good content on his site and YouTube videos.