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3 February 2025 | 4 replies
Personally, I would not keep a rental that is not expected to cash flow.
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6 February 2025 | 16 replies
I have purchased 3 STRs personally in the last 18 months and have closed on at least 25 for clients in the past 12 months.
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5 February 2025 | 6 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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29 January 2025 | 25 replies
Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.
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3 January 2025 | 2 replies
Community engagement: Homeowners have a greater financial stake in their neighborhoods and are more likely to invest in their local communities.
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8 January 2025 | 6 replies
I'll continue you to read on the forums I've learned so much in the little time I have engaged in the forum.
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10 February 2025 | 0 replies
All I can say is that when an investor is the person who's doing the job that a real estate broker is commissioned to do, per state law, that's brokering without a license, which is no bueno and shouldn't be allowed.
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11 February 2025 | 29 replies
You’ll put 5% down but get 2% back on sale (which might pay for your closing costs) and then do a rent by the room to cover your expenses and downpayment for next year) Not sure which university you are at but both Henrietta and South Wedge are solid places to start (serving RIT and UR respectively) Good luck, I personally think Rochester is a great area to start due to constrained supply with a growing population
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30 January 2025 | 4 replies
I personally would fix the 3 windows and maybe consider cutting the rent a little more to gather more interest.
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12 February 2025 | 0 replies
Used our personal realtor How did you finance this deal?