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3 February 2025 | 7 replies
They are a great crowd, and networking was amazing.I just finished the self paced course and just got off the phone with them concerning the Gold and Platinum programs for mentorship.
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6 February 2025 | 3 replies
I’d appreciate your perspectives.Here are the details about our current home:3/2 Class A property in a middle-America town with historically ~1% annual appreciation.Purchased in 2020 for $200,000 at a 3% 30-year fixed rate.Remaining mortgage: $150,000.Estimated value: $270,000 (based on recent sales).After selling costs: Likely $100,000 in net proceeds.Rental potential: $2,000–$2,300/month.PITI: $1,200/month ($700 mortgage + ~$500 insurance/taxes).Maintenance/CapEx/Vacancy (20%): ~$400/month.If kept as a rental:Net cash flow (self-managed): ~$500/month or ~$300/month with property management.Low appreciation potential but ~$400/month in principal paydown.Considerations:What’s the additional overhead of managing a second rental property remotely (3 hours away)?
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3 February 2025 | 56 replies
Most investors start with 1 unit a year or so.
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12 February 2025 | 20 replies
If you're not using Hard Money and the property won't qualify for conventional financing, then you'd probably need to locate private money or if you have friends with IRAs, they can be self-directed to invest in real estate.
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12 February 2025 | 12 replies
I would suggest looking into Hemlane, I have worked with the CEO personally and they have a great product that I recommend to all self managing landlords.
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16 January 2025 | 23 replies
Now, in 2024, we're seeing $4,000 per month just on the main unit and $1,800 on the other unit of the duplex.Long story short, it's a long term play.
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23 January 2025 | 5 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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24 January 2025 | 8 replies
Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.
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10 February 2025 | 10 replies
This type of self-promotion is only allowed within the Classifieds section of the Forum.
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10 February 2025 | 6 replies
, maintenance (5%), and PM (10-12%) if you choose to not self manage.