23 December 2024 | 9 replies
Need letter from employer that either says they allow remote work or the hire is for Texas location.
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31 December 2024 | 9 replies
One of the best resources I’ve spotted for honest property management feedback-beyond scanning Google-is checking local Facebook investor groups and seeing who people recommend.Anyway, Ethan, since you’ve done a bunch of data crunching: have you or anyone else revisited these numbers more recently, and if so, how have shifting mortgage rates or local employment trends changed your approach?
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2 January 2025 | 8 replies
As an investor here myself, I can tell you we're seeing solid rental demand here thanks to the strong job market and major employers developing here.
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7 January 2025 | 20 replies
You typically need up to two years of stable employment before a bank will loan to you.
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16 January 2025 | 78 replies
Only invest in cities with significant and sustained population growth.Lasts throughout your lifetime: For your rental income to last, your tenants must remain employed at similar wages.
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19 January 2025 | 354 replies
Distributions from a regulation d fund like this should be treated as passive income and therefore not be exposed to self-employment tax.
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22 January 2025 | 203 replies
Not doing anything to get better education or employment opportunities.
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11 January 2025 | 12 replies
Verify credit, employment, etc for you. 6) I would definitely want noise (quiet hours), guests, and treatment of common areas covered. 7) We've used Rent Manager as it focuses more on the financials which I think is super important.
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23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
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5 January 2025 | 33 replies
Due to my W2 employment I cant have any bad/negative personal debt.