John Matthew Johnston
Nurse to property management company
5 January 2025 | 9 replies
Putting in place policies and systems to handle that will be key otherwise you'll always be working or at least be on-call.
Desiree Board
Advice for a new long term rental investor
23 January 2025 | 26 replies
I’ve built a great team, which is imperative, and have systems in place for my local rentals.
Micheal Smoke
I’m Mike Smoke, a new investor focused on multifamily and Section 8 housing.
31 January 2025 | 10 replies
That’s something I’m still fine-tuning as I explore new areas.As for scaling up, my focus right now is on leveraging tax-efficient strategies and building a system of limited liability companies (LLCs) to keep risk compartmentalized.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
The US Tax systems, when compared to the EU, seems to be setup for capitalists. 1031 exchanges, write-offs, etc.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.
Dennis Knapp
how to figure repair costs and arv
15 January 2025 | 7 replies
., major systems like plumbing/electrical)Full Gut/Studs Down: $85-$120 per sq. ft.Luxury Finishes: $150+ per sq. ft.For ARV (After Repair Value), you’re absolutely right—it’s all about comparable sales ("comps").
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Letting your contractors (specifically if you have a GC) what the budget is and that the must notify you if a change order exists (versus they tell you after the work is completed).
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
I worked with this exact system but the investors wanted outrageous requests along with constant changes that made the project unprofitable.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
Not sure about sonoma county but in Marin county they have a new lottery system.
Adedayo Adetunji
Stranger occupied property without consent
8 January 2025 | 5 replies
We get just as frustrated because the system is a bit "broken":(I believe the team is in communication with you about your options - just be sure to also let us know your choice to secure the property to deter squatters as cost-effectively as possible.