Kishan Korsapati
Newbie - Philadelphia RE
4 December 2024 | 5 replies
@Kishan Korsapati There should be a better articulated investment thesis than buying a home that is deemed to be in a safe area and cash flows.
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
If you work a day job in addition to your plans to pursue real estate in this way, then focusing in 1 city/MSA will drastically reduce your time spent focused outside your job, allowing you to keep your income high, your job safe, and your problems simpler.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
There are often long stretches of flat SFR markets in US. like '79-'83, '89-'94, or even down markets like '06-'13 where single family home values dropped 36% on average across country, so 1% rule may help keep some investors out of trouble by at least having some cash flow to safely carry the mortgage during those times.
Julian Martinez
Biggest & Best House in C- Neighborhood - Sell or Keep as Rental?
7 December 2024 | 4 replies
For me personally, I consider it a B neighborhood because it's walking distance to so many amenities, and I felt mostly safe raising my family there, but not everyone is comfortable living in a developing area.Last year (2024), we moved out of the home and converted it into a rental.
Najeh Davenport
Seeking Advice: Turning My Unit Into a Group Home/Sober Living Facility
4 December 2024 | 3 replies
I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.
Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 replies
If you don't want to spend time or risk losing money, LTR and multi-family is rather safe.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
It was pretty wild I brought my plane down from Oregon and had it hangered at Hawkins field which I did not realize at the time was the middle of the hood.. but it was safe and Jackson was a good base to fly to my other markets.
Denny Knapp
How do i know how much the rehab will cost?
7 December 2024 | 14 replies
Then to be safe, I like to add 10% to it as a buffer when/if cost overruns occur.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
So in this situation, where you have a relation with the borrower/home owner it is likely safe to assume if you get too greedy and ask for a heavy discount there will be no deal.
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
Can I actually dodge CA $800 per LLC filing fee since they like to state that even if your property is out of state because you are making decisions from CA you are doing business in CA so if that is their definition of doing business in CA I am safe?