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2 January 2025 | 8 replies
Your first challenge is - you shouldn't buy based upon zip code!
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25 December 2024 | 4 replies
I am currently looking at a 10 acre property in Texas with a 2000sqft 2005 double wide. It would be a primary residence. The mobile home I would only want to keep for a few years to live in before building a new home....
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2 January 2025 | 10 replies
That said, Texas tends to offer more affordable housing than Florida’s coastal towns, so your money might go further if you’re buying properties for yourself and your portfolio.When it comes to family life, Texas has tons of family-friendly suburbs with excellent schools.
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2 January 2025 | 4 replies
My GUESS is these homeowners have been tricked/screwed in to signing a long term power purchase agreement, often with no buy out provision.
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13 January 2025 | 27 replies
Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina.
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4 January 2025 | 2 replies
PLUS, you can buy 4-5X as many properties.
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6 January 2025 | 2 replies
----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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2 January 2025 | 1 reply
What caused you to buy this specific property?
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3 January 2025 | 26 replies
Currently I am reading "Buy, Rehab, Rent, Refinance, Repeat" by David Greene and tuning in to a lot of Brandon Turner video and content.
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7 January 2025 | 11 replies
Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-team