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18 February 2025 | 16 replies
I would just encourage you to simply block out content that talks about RTR and spend your time reading things that do apply to you.
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28 January 2025 | 2 replies
Meanwhile, staying put and letting your equity grow naturally might be the simpler, less risky option for now.At the end of the day, this comes down to your cash flow.
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3 February 2025 | 8 replies
I’d love to hear more about your goals and how you’re planning to apply your expertise to real estate!
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22 January 2025 | 203 replies
I had been scouted more times than I can recount to come to CA to apply my skills because the standards I came up in exceed that of CA and most places.
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8 February 2025 | 14 replies
Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------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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3 February 2025 | 3 replies
., $25 or $50)- If they use autopay for timely payments, they pay just the base rent ($1,000)In the above example, you see that a discount of $25-50 was applied in the case that the tenant chooses to setup autopay to schedule on-time payments via a given PM software.Please let me know if any software comes to mind and also any feedback on the positive incentive idea.Thanks in advance!
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29 January 2025 | 16 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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6 February 2025 | 12 replies
:)Accelerated depreciation applies to some components of the property.
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19 February 2025 | 27 replies
You should require the new person to apply, pass your screening, and sign the lease.
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19 February 2025 | 11 replies
What you are asking is a super important question and it doesn't just apply to lenders.