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Results (10,000+)
Jenniffer Nosenko Where do you start
30 April 2024 | 20 replies
The secret of getting ahead, is getting started.It is vital you connect with a realtor anywhere in the United States, who will take the time to understand your desired type of property and areas of the market you have been looking in.Learn about the good, bad, and ugly regarding distressed properties, whether due to  property condition or the chain of title.
Malik K. First time house hacker
29 April 2024 | 8 replies
The time it takes to manage a triplex or quad may be a bit higher than a duplex depending on the condition of the property and specific needs of the tenants.
Sherri O'Neal Too old to see rewards?
30 April 2024 | 25 replies
Typically, at today's prices, to keep a house in good condition long term, you probably need to reserve about $400-500 per month for things like roof, HVAC, water heaters, new flooring every 10-15 years, new kitchens and baths every 10-15 yrs, etc.And remember, if you are looking at "high cash flow" areas (also known as lower end areas) with lower end rents, a refrigerator that goes out does not care whether you are getting $500/mo in rent or $5,000/mo, so using a percentage of rent, as commonly practiced, is not a good strategy.  
Account Closed Subject To vs Wraps Similarities and Differences Part 1
29 April 2024 | 7 replies
.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.
Account Closed Is The Bond Market Affecting Mortgage Rates?
29 April 2024 | 5 replies
It really reflects broader market sentiment and economic conditions.
Erin Murphy Investing in Phillipsburg NJ. Pros/cons?
29 April 2024 | 2 replies
I found a few that I liked, price and condition wise. 
Kai Sato-Franks Dave Ramsey recommends buying everything with cash!
30 April 2024 | 140 replies
We reinvest it all back through renovations, acquiring additional properties, or accelerating mortgage payments.We keep minimum 6 month reserves to weather storms.
Alon A. Multi family investing
29 April 2024 | 3 replies
Before buying, do an analysis of the market that lets you in on its dynamics, link the type of property that matches your set goals and is in line with the risk you can take, survey the possible financial options open for borrowing money, and finally analyze the cash flow of this business before engaging professionals in managing this apartment complex.Conduct thorough checks on possible properties, covering in-person checks, money checks, checking leases, comparing market prices, checking rents, assessing the condition of the property, and looking over legal contracts.
Tres Fern STR investment areas for 1st time STR investor .
29 April 2024 | 14 replies
I've observed too many new investors suffer severe losses in recent years by solely relying on the STR model, paying too much for properties, and then being forced to sell them at a loss when economic conditions tighten.The past two years, I purchased over 30 houses in 6 different States, and my strategy of diversifying investment plans has been crucial.
Bubba McCants Navigating the Tides: How Current Economic Events are Reshaping Real Estate
29 April 2024 | 5 replies
Not gonna change my long-term approach due to short-term market conditions