Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
Play it smart by aligning your investments with your goals, timing, and risk appetite.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
The next RE play is going to be building ammo stores on the interstate and state lines between CA and NV and Oregon and WA and ID..
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
You also don't need to do a traditional long term strategy, is there a draw the area that playing host to a traveling nurse or other professional/student would be interested?
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
2 February 2025 | 9 replies
I can't recall one ever sticking around to play it out.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
That’s where details come into play.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Jonathan Baptiste
How to stock your airbnb best practices
18 January 2025 | 16 replies
Main thing I would think of if you are targeting families are things like pack and plays, cribs, gamerooms for kids, etc. as well.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
This platform has played such a key role in my journey over the years.
Adam Macias
"A Salary Increase Makes You Happy Once A Year"
1 January 2025 | 0 replies
Money makes you happy only so often.But a good place to work keeps you happy every day you show up.Yes, 𝗺𝗼𝗻𝗲𝘆 plays a vital role.But 𝘸𝘩𝘦𝘳𝘦 you work?