
19 December 2024 | 82 replies
I have about double $80K actually, in cash, just sitting in a high interest savings account until I figure out what to do with it.

18 December 2024 | 12 replies
However, if you have the time and prefer to source properties on your own, I would highly recommend the following strategies:Connect with probate attorneysVisit property auctions: These happen monthly and, surprisingly, aren’t saturated with investors.Cold callingTarget LLC owned properties: Over the years we have seen an influx of companies purchasing SF for rentals/long-term holds and they failed to account for property taxes and an increase in new construction coming to the market.

18 December 2024 | 9 replies
Yes - you should be able to find some good DSCR Loan Options with 20% down easily - 15% down potentially available but the rates/requirements are pretty high on that front right now

18 December 2024 | 29 replies
Given your residency limits, the high prices in NYC and surrounding areas are a challenge, but there are still options in neighborhoods further out within your allowed range, like parts of Queens, Brooklyn, and the Bronx.

18 December 2024 | 23 replies
We paid ours off when our balance was $125k, but on a 15 so payments were fairly high at $1732 PI.

16 December 2024 | 8 replies
You can check out his property walk-through videos on Instagram, Vimeo, and Facebook, and get insights into his knowledge on his Twin Cities Investing Show podcast.

16 December 2024 | 5 replies
For instance, someone making $500k a year and living in a very highly appreciating market might be extremely happy on a deal that loses $200 a month but is getting 5% appreciation on a 2 million dollar property in San Diego, butut that doesn't make sense for the investor with 30k and a lower paying job.When it comes to the book series I agree with you that the order doesn't make sense (having read both).

19 December 2024 | 5 replies
Adjusting for it allowed him to realize his property’s ROI was still positive but not as high as initially hoped.

13 December 2024 | 32 replies
I've been watching Chad Carson's videos and his approach of accumulating more properties than you need, then start using that income to pay off mortgages and cull the lower performing properties makes sense to me.

17 December 2024 | 7 replies
Purchasing a new primary and turning my current house into a rental and looking to hire a PM but some of the fee's seem high. 1 quote - 100% 1st/month rent if i self-manager, or 75% 1st/mo rent and 10%/mo for PM to manage.Again, im new to this but from reading and talking to people there is a typical finders fee ~1000$ and 10%/mo rent if the PM manages.