Devin James
Key Principles that Guide Me
13 January 2025 | 1 reply
There are four key principles that guide me:- Consistency is everything- Never stop learning- Take Action- Value relationships over everything else1) Consistency is everything There are multiple things that I do every single day- Read – 10+ minutes.
Tannia Castro
New to Rental Property Investing
16 January 2025 | 9 replies
There’s no single right answer to every situation, but the more you educate yourself and build your network, the more confident you'll become.Lastly, don’t hesitate to ask questions here, no matter how small they seem.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
However, it is perfectly acceptable to combine all tenants’ security deposits into a single account.
James Kilburn
Build a rental?
9 January 2025 | 1 reply
Upon closing my single family construction my home had about 25% in equity on day one(in 2018 in Tennessee).
Michael Calvey
Stop Screwing Up Your Airbnb Listing Title — Here’s The Fast Fix
4 January 2025 | 9 replies
AirBNB is a platform.Personally I like a single, eye catching line.
Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
If you're talking about single family homes/ duplexes etc. the neighborhood it's in will generally give you the risk profile.Hope this helps.
Alan Asriants
Why BRRRR is not an effective strategy today...
23 January 2025 | 23 replies
Even if you do find such a deal, getting it to cash flow after repairs and a cash-out refinance is extremely difficult, especially for single-family homes.
Vina Merrill
In eating in Chattanooga
9 January 2025 | 1 reply
Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Nicholas Nocella
Looking for some direction!
22 January 2025 | 3 replies
Did you check for houses on the auction list, or you can check with banks and look for REOs and convert that into a single family home and house hack or turn it into a Airbnb.