Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
Housing isn’t just another commodity; it’s a basic need, and it’s disturbing to think of families losing homes while corporations chase higher margins.For now, I’m left wondering what this case will reveal as it moves forward.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
Even if they have plenty of money saved, sometimes the fear of losing the money in an investment is too great.
Michael Lynch
HELOC In 3rd Lien Position Question
4 January 2025 | 5 replies
The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.
Alex Silang
Mass deportations: will it affect rental markets?
30 January 2025 | 62 replies
So give those folks the choice...go pick veggies or lose your welfare payment.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
The terms of service still apply and the risks of losing the listings are still there.A 'brand" isn't anything other than a name attached to a person or a system or a process.
Nick Henry
Appreciation or Cash Flow Focus When Starting Out
3 February 2025 | 32 replies
I'd rather lose 100 bucks a month in a class A area than make 200 in a class D.
Tiffany Palaskas
Sell or keep income producing duplex
1 February 2025 | 51 replies
So it does suck to think about losing such a great rate.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
I would love to make a move before the end of the year and so I keep trying to decide which of the following is best for me:1) Buy 1 more expensive CA property near here, and thus a better tenant (less likely to cause issues), but lose a little bit of money every month due to the current numbers, while hoping for future appreciation?
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
@Aleksandra DrovalI'm not sure what statistics you're looking at but everything I've read and heard shows exactly te opposite, that hotels are losing to Airbnb precisely because of the experience.