
11 December 2024 | 8 replies
Under that, it gets very tough.If you plan on retaining/keeping any of the properties you pick up (whether using hard money or otherwise), I strongly recommend you start working with a lender now to see what can be done about your credit.

14 December 2024 | 13 replies
Mailing would help, but I'd recommend going door-to-door if you could.

11 December 2024 | 5 replies
Thank you for any advice.I have ZERO experience in the state of Georgia so I highly recommend you take what I say with a grain of salt and call a local property manager who can tell you what to do.

10 December 2024 | 4 replies
I’ll look into getting a broker price opinion - thank you for that recommendation!

7 December 2024 | 25 replies
Does anyone have a recommended Tucson realtor who specializes in STRs?

8 December 2024 | 8 replies
Based on your post (so far), I'd also recommend an inspector.

7 December 2024 | 1 reply
Is there any project management software you recommend that aligns well with the BRRRR strategy?

11 December 2024 | 12 replies
Has a large following .I believe this is new venture Not recommending it or disapproving it as I don’t know enough about it.
10 December 2024 | 3 replies
I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

10 December 2024 | 6 replies
Hi @Tim Holt I think in general house hacking is usually a good move because it gets you off the sidelines and into the game with the most favorable financing possible (30 year fixed).There's a lot of value in getting started today vs waiting some undefined number of years until conditions are better, which could be a long time from now, because real estate is a business and the sooner you start actually learning about that business, the better.With all that said, I always recommend that people analyze any potential house hack as a pure investment that they aren't going to live in, because someday they may want to move out and you should know up front (before you commit) whether you're going to be able to do that, or whether you're overpaying and will be stuck in the property unable to move out because it'll be cash flow negative if you do.So you had it exactly right when you wrote, "the property would need to cash flow when I move out and rent out all units."