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28 September 2024 | 6 replies
Some areas are more lenient, while others can be pretty strict, especially in residential zones.Liability Insurance: This is a must, and it’s different from typical landlord insurance.
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29 September 2024 | 8 replies
By the way what market are you in all 3 of your properties seem pretty low in price allowing you to have positive cash flow.
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28 September 2024 | 14 replies
It would be more convenient to get the one guy, for sure, but it would be a pretty difficult sell.
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27 September 2024 | 14 replies
With your design experience you definitely have a leg up to flip, but the Asheville market is pretty steamy hot.
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2 October 2024 | 24 replies
I am pretty sure my viewpoint is shared by just as many as those that are ardent supporters of Dave Ramsey like yourself apparently.
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27 September 2024 | 12 replies
I am thinking of buying a few section 8 properties and heard that Memphis is a pretty good market.
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29 September 2024 | 21 replies
Imagine 10 years.If you can add 10 units a year, you'll reach the goal in 6-7 years with a few years to improve rents. 7-8 properties kicking off 1500-2000 per month is pretty doable.As for financing - There are lenders who will lend to you on a smaller deal like this.
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29 September 2024 | 13 replies
We have been pretty lucky with the tenants we have placed with minimal turnover, 1 eviction and that was non section 8.
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30 September 2024 | 10 replies
Same for multi- 65% leverage is pretty common right now, but I even see some pitched at 50-55% leverage.I will say almost everyone lies on the syndication presentations, or they make it look really good.
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27 September 2024 | 16 replies
Age range: 20 (future college grad) to mid 30s so all pretty young.