
28 August 2024 | 39 replies
My biggest hurdles included being in an extremely expensive market (Vermont) and understanding that if I wanted to get involved in real estate I’d have to look out of state.

27 August 2024 | 7 replies
True non-recourse is EXTREMELY rare in residential real estate, so I hope this clears up some confusion and helps someone!

26 August 2024 | 11 replies
. - You may be surprised to know that many countries outside US speak extremely fluent English and can handle customer service better than most.

26 August 2024 | 4 replies
Quote from @Bobby Burris: Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...Read a few books on real estate investing to learn the power of leverage.
29 August 2024 | 70 replies
Tim Gordon Hey -- more power to you.

27 August 2024 | 8 replies
If you could provide more information about the contract it may open up more ideas.I would agree with @Zane Cress that a tenant buy-out would be a good option, although if you are dealing with 5-6 properties (And how ever many units per property) you're looking at an extremely high cost.

27 August 2024 | 4 replies
Powerful, grounding, responses here.

26 August 2024 | 9 replies
Your debt to income ratio will be negatively impacted affecting your buying power/ ability to get new loans.

27 August 2024 | 18 replies
I'm not sure if this is acceptable in your state, but an example might be; the master would be Heavenly Homes, Series LLC, filed as required and obtain a certificate of good standing, tax ID number, etc. for the bank account....Then, "Heavenly Homes Series One LLC" file it with that name, it has a tax ID, certificate of good standing, etc. take that to the bank show the Operating Agreement for the powers granted to those members.

26 August 2024 | 18 replies
I think, in general, unless you're an extremely high W2 earner just looking to get into real estate for tax purposes, buying for cash flow gives you the durability to weather market fluctuations as you're never in a position where your back is against the wall and you need to sell... unless you have debt coming due.Now, that being said, if the true cash flow, after allocating for all expenses, vacancy, maintenance, capex, etc. is in the black, then I think taking a 5% CoC return in an appreciating market isn't a bad move, especially if there is a component of value-add.