Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Ryan Sajdera
Is leasehold property a good idea?
20 December 2024 | 3 replies
It’s a good idea to confirm you have a path to record title in a way that’s financeable, even though this isn’t a standard fee-simple sale.The big question is whether it’s reasonable to pay a market-rate price when you’re not actually scooping up the land.
April Smalls
Speaking To Wholesales That Work With Realtors
11 December 2024 | 2 replies
If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
If you are going to test the market with a new standard, be patient.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
This requires an income that allows you to maintain your standard of living throughout your life.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
Look into local rental demand—perhaps that area can support a short-term or mid-term rental strategy instead of a standard yearly lease, which might boost your income.
Joe S.
Go big or go home! 🤔
12 December 2024 | 7 replies
Something I've been concentrating on internally very much lately.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
Also, I don't know if it would be worth it from a liability perspective either, but would advise to chat with an insurance pro/legal pro.When purchasing a primary residence, conventional loan guidelines will require you to take down the property in your personal name.When it comes to taxes, you'll likely be able to take the standard deduction AND itemize Interest, Taxes, Insurance, Depreciation, and expenses prorated based off the rented portion of the property when reporting the 1040 along with W2 income.
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
My commitment is to always act with transparency, respect, and the highest ethical standards—because in the end, nothing is more valuable than a good name.
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
So our standard two story is 9ft on both levels. our single levels are 10ft and higher with large vaults and really cool beams in the great room and the primary..