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11 February 2025 | 1 reply
I felt that the various service providers gave me preferred service having been introduced through RTR, and I had great experiences with everyone they recommended.Most importantly, I felt that I could trust my Matthew Seyoum, my Investment Strategist, to represent my best interests without any conflict of interest, and to provide sound advice after understanding my goals and needs.Time will tell how the investment itself plays out, but so far I’m happy with RTR’s service and look forward continuing the relationship.P.S.
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12 February 2025 | 18 replies
It seems now we have a bull market and if it starts going the other way I would like my rental to at least continue to produce monthly cashflow...that's where I'm at now...still researching and seeing my options... $46,800/year in cash flow with $500k is a nice yield at 9.36% ($46,800/$500,000).
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29 January 2025 | 4 replies
My focus leans more toward equity appreciation than cash flow, and as a rookie investor, I’m aiming to put aside about $25-30k for investments each year.In the meantime, I’m looking to connect with like-minded folks here for mentorship, partnerships, apprenticeships, and even collaborations.Would love to hear your thoughts, advice, or anything you think might help as I continue piecing everything together!
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15 January 2025 | 8 replies
@Tammy Elias The lease is tied to the property, not the management company.
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6 February 2025 | 2 replies
Continue renovating my current house--big projects would include finishing the basement (adding a bedroom/bathroom/living rm space) and putting new siding on (the current siding is probably the original).
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6 February 2025 | 2 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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21 January 2025 | 6 replies
Hmmmm why does the same person own both, but they've let the house go to foreclosure, but continue to pay on the tennis court?
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7 February 2025 | 12 replies
If something breaks, the management company fixes it.
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5 February 2025 | 9 replies
Best wishes as you continue on your journey.
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16 January 2025 | 40 replies
What we did was open a holding company, and the LLC that owns the RE and management company under that.