James Kiefer
New member starting out!
8 November 2024 | 21 replies
I understand your home market may not be attainable and there may be a need to purchase in secondary market that have lower cost barriers of entry but don't focus solely on cost of entry.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
I have to say, I was hopeful $800 annually would be attainable, but figured it wouldn’t be likely.
Kerli Casanova
Looking to house hack in South Florida
27 October 2024 | 8 replies
So I am familiar with soflo.One strategy I am trying to implement is The 4-3-2-1 Strategy:Start with a 4-unit property: Live in one unit, rent out the others to cover your mortgage and expenses.Repeat with 3-unit, 2-unit, and attain your dream home last (1 unit property)After 12 months of living in each property, consider a cash out refinance to use equity for improvements or further investments, if beneficial for you.Build a real estate portfolio of 10 rental units in a 3 year span while generating rental income.
Mindy Nicol
Listed my STR. Overwhelmed with financial requests
25 October 2024 | 26 replies
Do they think this will just happen on auto pilot and they can attain the same as me?
Arron Paulino
Advice on Selling Portfolio
29 October 2024 | 33 replies
I am sure many would consider other investment strategies besides continually recycling their capital collecting homes that are propped up with appraised values that are not attainable if the properties were marketed for sale.
Logan Jamieson
Frustration with current market: Seeking wisdom, encouragement, lend me your tenacity
17 October 2024 | 12 replies
But if you’re going to let it eat you inside, not only will it destroy you, but it will block you from reaching and attaining your goalsThere is nothing you can do about not investing.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
Thank you for your feedback.That is a reasonable approach, but I think you will find it VERY difficult to attain those numbers. 1.
Kenny Banuelos
18 years old, serious about investing!!
15 October 2024 | 14 replies
I do have my buying range in mind and I agree with you 100% getting pre qualified would help out a lot determining if that is actually realistic as well as gives me opportunity to start analyzing more deals that are attainable for me.
Kokil Sharma
Looking for suggestions on latest US zipcodes that are good for scaling Brrr.
7 October 2024 | 1 reply
I’m not suggesting you can’t successfully complete the BRRRR method but if you are selecting your markets based on where that strategy is most attainable you’re going to make regretful investment decisions because most who chime in will promote markets where you will be able to obtain a favorable cash out refinance while ignoring everything else that supports whether the market has a good underlying investment thesis or has a a more attainable alignment of sale values and appraisal values.
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.