
27 September 2024 | 27 replies
@Dennis SmithWe know of 4 major and consistent content-producers in this space:Al Williamson - Offers a course, ongoing coaching, monthly group meetings, been a landlord a long time, we took his course in 2020 at a discounted rate--our view it was worth every penny; Based in Northern CA Jesse Vasquez - Great YouTube content, unique takes, often wears his hat on backwards during his videos; Based in CAKellie Michelle - Great YouTube content, clear and concise, Based in smaller midwest cityErin Spradin - Wrote a book, good YouTube content, Unsure where she is basedMy sense is that Al has been at it the longest, but they all seem good to me, though we've only taken Al's course.

30 September 2024 | 10 replies
Some will list major employers, but often none of the residents work for any of those employers and likely never will due to income or location.

28 September 2024 | 4 replies
Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?

27 September 2024 | 40 replies
I see this most often, when people go shopping on the national websites chasing rates.

26 September 2024 | 7 replies
First, **reliability and speed** are crucial—hard money loans are often used for time-sensitive deals, so you want a lender who can fund quickly.

27 September 2024 | 5 replies
To be good at Section 8, you have to understand what you are getting into, how the system works, the variability of tenancy, and you need to be on it all the time.I think people keep asking about this because the government pays you.

27 September 2024 | 1 reply
The closing cost and associated fees often add up in these transactions.In the examples that I saw … Essentially there may be a mix of private/creative/bank money to get the asset initially.

30 September 2024 | 13 replies
We got the entire overage as the payoff on the loan was over $100,000To those reading this who are newer to the space - this is extremely rare and does not happen often and probably for many will never happen.

26 September 2024 | 8 replies
The LTC/LTV is often very similar to the loans you likely utilized for flips but most lenders funding flip loans don’t factor debt coverage ratio because the intent is to sell, not rent the home.

27 September 2024 | 7 replies
Even with fluctuations, long-term investors often see strong returns.