Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
This goes for any endeavor.If you don't know what you are aiming at, you will hit it every time.
Faris Wright
Appreciation vs Cash-flow?
23 December 2024 | 4 replies
I would find a property that can provide you both.I used to aim for 8% cash on cash return + 4% appreciationGiven where the market is now, it is likely hard to find 8% cash-on cash and a 4% appreciation.I think 4% cash-on cash and 4% appreciation is do-able.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
I am reaching out to inquire about the subletting policy for corporate leasing opportunities I am interested in exploring the potential for flexible rental arrangements within your properties.Could you please provide me with information regarding your corporate leasing policy and whether it allows for subletting or alternative rental arrangements?
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Finally, define your long-term investment strategy, whether you’re aiming for cash flow, appreciation, or a combination, so that each decision aligns with your bigger goals.
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
You want this to be your backup plan if things take longer than anticipated, you do not want to dip into personal credit cards so i would use a heloc to help with down payment but try to keep a nice available balance on a heloc as your insurance policy.
Carl Rowles
Insurance Coverage Question
27 December 2024 | 1 reply
Some carriers require limited water damage coverage depending on the age of the property and age of utilities.I would recommend at least 25% (ideally more) when possible and if you're limited to 10% you should make sure you cannot purchase another policy for a similar price.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Aim for at least median price.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
I'd shop around that insurance policy as well.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
It suggests that you should aim to pay no more than 70% of the ARV (after-repair value), minus repair costs.Example: If the ARV is $300,000 and repairs cost $50,000, you should pay no more than $160,000 for the property. ($300,000 * 0.70 = $210,000 – $50,000 = $160,000).Walk the Property: Check for structural issues, roof condition, foundation, HVAC, and plumbing.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.