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12 February 2025 | 43 replies
We've had zero phone calls answered or returned, multiple promises or calls "tomorrow" to talk through issues unmetAt this point we've hired another PM (Sadly MidSouth Homebuyers, whom we have other properties with and have had nothing but excellent experience, wouldn't manage this location) who is now going through re-keying the property and assessing the state of the rehab.This was a test property for us, so we learned what we wanted to learn on this transaction.
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12 February 2025 | 23 replies
There are multiple ways to ensure the tenants cover utility costs when using shared meters.
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12 February 2025 | 12 replies
Some banks can spread your funds around to multiple banks if you carry a balance over $250k and want to have all the necessary FDIC insurance…merry Christmas!
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11 February 2025 | 20 replies
Even so, you will likely be asked to verify you are living there via utility bill or multiple letters from 3rd parties.Cheers!
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10 February 2025 | 12 replies
We lost multiple houses from the 'investment' company not providing the funding letter.
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8 February 2025 | 14 replies
With $150K, you’re in a strong position to acquire multiple properties, especially in affordable rental markets like Texas, Pennsylvania, Michigan, and Ohio.
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21 January 2025 | 5 replies
If one project slows down, others can keep moving.Stagger Projects: Start planning your next project while finishing the current one to keep your pipeline full.DSCR Loans: These loans focus on the property’s income, not your personal income, which can help you finance more properties.StrategyFlip and Hold: Flipping one property while prepping another for rental keeps cash flowing and builds your portfolio.BRRRR Timing: Since BRRRR is slower now, using DSCR loans to get multiple properties might be a good hedge.Good luck with your flip and future investments!
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14 January 2025 | 2 replies
I feel quite intimidated only seeing people with large followings and MULTIPLE properties.
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18 January 2025 | 1 reply
Multiple offers situations are the rare exception, not the norm.