
11 January 2025 | 9 replies
I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.

9 January 2025 | 3 replies
@Jason Wray Thank you very much for this response ..I’ve never sold one of my rentals before feels like I’m cutting off a leg and paying close to 100k for cap gains is really starting to eat at me 😵💫Any chance you would be so kind as to send me a link to something in the ballpark of what you’re suggesting this way I can get an idea of area and what this type of property could look like!

9 January 2025 | 12 replies
The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

10 January 2025 | 2 replies
I also always keep my rent increases in line with the local market, so sometimes I'll have tenants threaten to leave sometimes, and once they do their research they realize that it wouldn't make sense at all to find another property and end up paying the same thing.

7 January 2025 | 27 replies
To be fair, I've encountered situations where the Section 8 rent received was higher than what cash paying tenants were paying.

6 January 2025 | 2 replies
pays your mortgage while you make Cash-Flow on those properties that you have under your name that pays you a higher ROI every Year.

7 January 2025 | 5 replies
If they haven’t been paying and causing problems why would you want them to stay?

9 January 2025 | 6 replies
You can put your license in referral at most brokerages and pay no fees and still be able to do referral business.

8 January 2025 | 5 replies
House hacking is a great start since you're paying rent already.

10 January 2025 | 6 replies
That is the issue I am having now as my wife and I have great paying jobs and just cleared all our debt.