Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
, but very difficult to DIY remote manage.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
Are they being professionally managed or DIY managed?
Chris Kay
How Far Does $50k Go for Rehab?
14 January 2025 | 13 replies
It's a balancing act if you DIY projects to save some money.
Gabriella Pellolio
1st Property - Built Equity, What’s Next Step?
3 January 2025 | 7 replies
You can get 90% of the future equity, but you do have to have a GC do all of the work for you so you cannot DIY for future repairs.
Esther Iroko
Tenants not paying rent
3 January 2025 | 13 replies
@Esther Iroko everyone thinks it's easy to DIY manage their rental - until it isn't.You now need to learn on the fly and quickly!
Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
This is typically for most people not a DIY project.
Alissa Schmitz
Has anyone tried TurboTenant's maintenance program Lula?
31 December 2024 | 8 replies
Understand that they are doing this to make a profit, so it will be more expensive than coordinating maintenance yourself.It may be a decent program for a DIY owner that wants to just outsource maintenance, but you will have the same maintenance issues with this company that you would with a PMC:1) Higher costs2) Admins answering the phones & assigning work, that just know the basics about maintenance.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
The Rockcastle Megasite is an example of a site ready property & is only 20 minutes north of London. https://dataispower.org/rockcastle-mega-site/.
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
So whether it books on the hotel site or Airbnb, AirDNA will see it booked either way.The only potential discrepancy is if they're listing it for a very different rate on the hotel site than on the Airbnb site.
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.