
9 October 2024 | 12 replies
Imagine acquiring 10 of those over 5 years.Atlanta is a higher end market, so expect deals out there to require every bit of 60k - 80k in liquidity between downpayment, holding costs, and closing costs.

9 October 2024 | 11 replies
This requires you to work backwards from expected gross rents to the price to offer.Yes, you may have to make 10, 30, maybe even 100 offers to get one accepted.

7 October 2024 | 2 replies
@Vishal ChandanRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

10 October 2024 | 24 replies
At least any deal that someone is expecting to really sell.

8 October 2024 | 11 replies
Before final K1 they just get carry forward.Since they are now allowed, they go to sch1 line5 (from schE line 41) and now they can offset active income (I get pension so line t on schedule 1)Would love to get confirmation @Michael Plaks @Bruce D.

9 October 2024 | 13 replies
I expect that I will develop those same skill sets within my REI journey.

8 October 2024 | 15 replies
It's only nerve-wracking if the host hasn't set clear expectations; I communicate to guests on the front-end before they ever book what, how and when they will receive information from me.

9 October 2024 | 5 replies
It all will come down to the financials on these deals, and with a larger mortgage, expect less cash flow, so if I were your agent, I'd be focusing on making sure you have an income cushion but giving a broader focus on appreciation.

8 October 2024 | 8 replies
With private lending secured, I bought the property, excited to add another rental to my portfolio.What I didn’t expect was just how much of a nightmare this property would turn into.After closing, we began the renovation.