
14 May 2024 | 4 replies
Most in your shoes want to move as quickly as possible and sometimes slowing down & being more deliberate will save you time and money in the long run.

15 May 2024 | 5 replies
I would prefer to self manage to avoid the high poperty management fees (I think its around 10% + 1 month leasing fee, etc.) and I also worry that the property manager will likely not be as dilligent in finding high quality affordable vendors, etc.I see 4 major pieces of work1) Tenant finding: I feel comfortable doing this remotely.

15 May 2024 | 14 replies
If I were in your shoes, I would change my mentality to how can I convince an appraiser to give me more value to what is the worst case scenario, if the value comes in lower.

15 May 2024 | 8 replies
Consider your comfort level with managing several mortgages and the risk of vacancies vs a slower but potentially more rewarding path to ownership.

15 May 2024 | 23 replies
Even if you're not making much profit at the start because you're investing in a better area, it should work out fine.If you're losing $100-200 per month but have a stable job, you should be okay.Most people get rich with real estate through property value appreciation rather than cashflow.If you're comfortable living with roommates, you can purchase a house in a good area you like and rent out spare rooms.

14 May 2024 | 4 replies
My issue is that I come from a low income background and have fought my *** off, pardon my language to get to where I am now and comfortable.

15 May 2024 | 10 replies
Perhaps this would make the lender more comfortable while giving you the benefit of settling with a shovel ready lot.

14 May 2024 | 5 replies
I would prefer to self manage to avoid the high poperty management fees (I think its around 10% + 1 month leasing fee, etc.) and I also worry that the property manager will likely not be as dilligent in finding high quality affordable vendors, etc.I see 4 major pieces of work1) Tenant finding: I feel comfortable doing this remotely.

14 May 2024 | 2 replies
Travel is mine, I wanna see the world, meet people, and experience life outside my comfort zone.

15 May 2024 | 12 replies
If you don't mind providing some data for me to reference I'd appreciate it, but understand if you want to keep some or all personal--namely I'd be interested in approximate location, bd/ba count of your property and the rent % increase (or if you're comfortable sharing actual prices) implemented between your last tenant and current one.