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Results (10,000+)
Jarret Jarvis Should You Self-Manage or Hire a Property Manager for Your Chicago House Hack?
31 January 2025 | 2 replies
.❌ Less Control Over Tenants & Maintenance – You won’t be as involved in selecting tenants or overseeing repairs, which might lead to decisions you wouldn’t have made yourself.❌ Not All Property Managers Are Great – A bad property manager can neglect your property, overcharge for repairs, or poorly handle tenant relations, leading to unnecessary headaches.Which Option Is Right for You?
Tyler Walley Getting Started in Short Term Rentals
1 February 2025 | 11 replies
Having this information allows me to give my clients a solid understanding of current market conditions, enhancing our discussions and decision-making.
Yash Shah Corporate (Bank owned) house for sale
23 January 2025 | 2 replies
Its more transactional than a traditional sale so you want to find out who the decision maker is and negotiate with them.
Felicia Vinces What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
JC Wu Roofstock review. NEWBIES BEWARE!!
9 February 2025 | 173 replies
The worst investment decision I've made to date actually has nothing to do with REI.
Emily Gowen When to sell vs hold rental properties that have appreciated?
25 January 2025 | 14 replies
I would suggest you do some soul searching before you make and decisions to sell.
Fetch Phoenix Bought in a Fire Prone Area, should we sell and consider renting?
1 February 2025 | 7 replies
Then make your decision based on information.  
Steve T. House Hack in LA/NYC or Buy Out-of-State First? 🤔🏡
20 February 2025 | 12 replies
Living in LA first will help you make a more informed decision on where to buy, while exploring out of state investments could be a great way to build your portfolio.
Damon Diddit Inheriting a problem tenant after closing
31 January 2025 | 8 replies
@Andrew SyriosI will consult with an attorney that does evictions and make a calculated decision from there.
Christi Wolverton Credit card payments declined
4 February 2025 | 7 replies
I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.