
26 November 2024 | 35 replies
Yes, getting sued is a risk factor and I've been involved with frivolous lawsuits which are not fun, but in my opinion you'd be in a much better spot owning a property in your personal name that let's you keep an extra 10-20% of the purchase price in your pocket as emergency funds, as opposed to buying the loan under an LLC that requires every last penny you might have to make the higher down payment, then you have to operate on a shoestring.

27 November 2024 | 13 replies
Both had similar purchase prices (house was a bit less) and now would sell for similar prices though the house might sell for a bit more.Buying rentals now (that last example was bought ~10 years ago house and condo a month apart), I'd go for a single family home.

22 November 2024 | 4 replies
Long story short.Went thru a relationship issue and lost it all last year.

25 November 2024 | 19 replies
Last part might be a hot take, but that is coming from several long time investors I've spoken too over the years.Hope this helps!

22 November 2024 | 1 reply
I have 5 rentals in TN and all of them have trees around them (just like most of TN).I happened to cut 2 trees last year that seemed to me too big and one of them was leaning into the house.

21 November 2024 | 2 replies
Was just doing a search on Google and realized I'm on page 6 for the first time in "forever".Not sure if it's due to Google search being that good or lack of effort.When is the last time YOU clicked past first page search results?

22 November 2024 | 1 reply
I’ve syndicated my last purchase………………I got my mother and father to provide an early inheritance 6.

21 November 2024 | 9 replies
Outside of real estate, I enjoy bodybuilding, working on cars, and anything that keeps me physically active outdoors, which helps me remain grounded and focused.I'm looking forward to networking, exchanging ideas, and building lasting relationships in this community.

22 November 2024 | 12 replies
The last few months have been a tough row to hoe, for sure.

21 November 2024 | 20 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.