Anna Brown
LA Property with lots of Equity
15 August 2024 | 57 replies
If you just want to hitch yourself to the wagon of the whole housing market and go along for the ride and hope to profit, I think that's acceptable for some.
Mann Phan
Drowning in repairs, any advice would help
8 August 2024 | 46 replies
I'm going to guess they are also managing the place and are taking you for a ride-they either sold you something that wasn't turnkey or they are bilking you for repairs.I'd go and tour the properties yourself, hire your own inspector to go through and do an inspection and then get repairs done or sell if you don't want to deal with it and get rid of the PM (assuming they are connected with the turnkey company you bought from).
Orlundo Hubbard
What's Holding Private Money Back From Deploying Capital?
7 August 2024 | 17 replies
Keep in mind even if you’re self funding you are bringing everyone else along for the ride.
Christine Smith
First Out of State Investment - All Cash Purchase in the Midwest - Good Strategy?
5 August 2024 | 3 replies
I'm in a similar situation as you, hailing from the Boston - New England area and looking into out-of-state investments.
Ryan Blake
Does it make sense to get a rental that won't cashflow?
6 August 2024 | 5 replies
The only thing I can do to help justify it is that now with income in the highest tax bracket, I am saving 37% on any depreciation I can get.Will someone either wake me up to my new found delusions or encourage me that I am still on the right track.Buying rentals that don't cash flow is like buying a bike with two flat tires and no seat to sit on, then trying to ride home from the grocery store with a back pack of groceries on your back.Will it eventually get you there?
Oleg Malkin
Interest Tracing and 1031
5 August 2024 | 4 replies
Same if you park it (your cash, not your ride) and not use it at all.
Aaron Washington
STR insurance what do you use?
4 August 2024 | 28 replies
If a policy excludes wind coverage (more common in places like Florida where insurance is severely strained by weather and other market conditions) then all wind related events are excluded.In those cases, it's sometimes possible to purchase a wind policy (usually covers wind & hail) which would provide tornado protection.
Lawrence Bland
Re-entering the Game: From Mortgage Broker to Multifamily Investor!
5 August 2024 | 16 replies
It's a journey, so enjoy the ride with people you enjoy working and playing with.STRATEGIES Sustainability is the real question.
Srini Malempati
Crime in North Linden and Multi Unit Building
2 August 2024 | 5 replies
Are they intentionally seeking out housing for them and their kids that all kids to ride bikes on the street and run around the neighborhood?
Jason Fila
Looking to bulk sale SFH w/seller financing -what is best way?
1 August 2024 | 1 reply
I have 4 properties in WA state, an hour ferry ride from Seattle. 2 are SFH and 2 are townhomes.