Henry Farias
Got Land and want to use it as down payment.
15 January 2025 | 1 reply
I recently paid off about 2 acres in Texas that I was able to purchase from a family member.
Sino U.
Thoughts on Investing really close by international airport
29 January 2025 | 11 replies
I recently came across a property near the international airport that seems to have good cash flow potential.
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.
Joe Gellenbeck
New to Investing - Excited to Get Started!
21 January 2025 | 18 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Brandi Nunn
New to the site!
14 January 2025 | 5 replies
Recently moved from CLT and work with a lot of investors in the area.
Dillon Clark
New investor on a mission
24 January 2025 | 6 replies
Until recently, I never really sat down and seriously committed myself to it, but now I'm all in, dedicated to learning everything possible before taking the plunge.
Adam Michel
First Time Buyer - Off-Market Inheritance Deal
14 January 2025 | 2 replies
I'm looking to purchase my first property with my fiancé (both 25) with the goal being to establish our primary residence together, as well as giving me the opportunity to add equity/value via rehab before moving on and converting the property into a rental within a year or so to kickstart an investment portfolio.An interesting lead that recently came up is my parent's neighbor's house.
Kimberly Barrett
New investor to market
14 January 2025 | 9 replies
Hello everyone , my name is Kimberly Barrett, I am from Tennessee and recently just started investing in Birmingham Alabama.
Nicolas Tow
Re Zoning Property from RS-3 to RT3.5 or RT 4
23 January 2025 | 9 replies
Quote from @Nicolas Tow: I recently purchased a 3,125 square foot empty lot in the 27th ward area of Humboldt Park Chicago and I was wondering how difficult it is to re zone from RS-3 to RS3.5 or RT 4.
Matthew Strack
Family house deal or not?
17 January 2025 | 7 replies
Zillow is saying the house is worth $90k but recently a tree went through the back end of it and I was hoping to get some information on possible ideas or suggestions on what I should do about the situation.