
21 February 2025 | 13 replies
A little bit about me: I'm 30 years old and have been living full time in my sprinter camper van for the past 3 years working remotely in tech.

25 February 2025 | 0 replies
I submitted a full-price offer of $295,000 within 48 hours of seeing the listing, and the seller accepted.

25 February 2025 | 23 replies
We knew the place was special, that's why we jumped with a full-price offer.

3 February 2025 | 3 replies
It’s a full-time commitment, especially when you’re just starting out.

25 February 2025 | 0 replies
At the time, rents were below market at $750 and $820, while comparable units were renting for around $1,000.

1 March 2025 | 5 replies
Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment?

19 February 2025 | 11 replies
Paying rent on time doesn’t erase dishonesty and lack of integrity.

28 February 2025 | 3 replies
It's two seperate transactions for tax purposes, neither one changing the outcome of the other just because they occured at the same time... in theory it would probably be better to simply have the amount of the commission deducted from closing costs if at all possible, but if compensation was already being offered througu listing broker, it is what it is.

22 February 2025 | 2 replies
The property is a duplex on a street entirely full of duplexes and even a triplex or two.

6 March 2025 | 9 replies
Every time I tell the management company, she gives me excuses like, A tenant just moved out, they just cut the grass, its not true etc...