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20 January 2025 | 12 replies
I have recommendations for lenders and agents in the area that can help your journey as well.
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5 February 2025 | 6 replies
I work with a lot of househackers and they're typically on the 12 month cycle, rinse and repeat.While the proposition of acquiring an investment property outside of your market in a "landlord friendly" state may sound appealing, i would recommend you stay local for now and househack another couple of properties over the next few years until you've got some more time / experience under your belt.you would need a management company to cover your property that is outside of your market which would not only take 8-10% of your gross it would also leave you a bit vulnerable to a property management company that you A.)know nothing about and B.)you won't have the experience or cashflow or proximity to deal with any headaches that may arise.i would recommend staying local and househacking your way along for now and then maybe hire a local property management company initially to work with your current/local properties to get a taste of what to expect if and when you begin investing outside of your market.
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2 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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19 January 2025 | 11 replies
What would you recommend?
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24 January 2025 | 1 reply
Any recommendations on how many rental properties per LLC?
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7 February 2025 | 3 replies
Since you're looking to expand into Florida and other states, I'd recommend starting by narrowing down your focus:Market Research – Florida has great opportunities, but each state and city has different laws, taxes, and demand drivers.
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28 January 2025 | 4 replies
I would recommend having the property assessed for any damages—were the windows or doors damaged during the forced entry?
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6 February 2025 | 5 replies
I would recommend fixing it and then determining whether or not to sell based on cash flow and profit after the sale.
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3 February 2025 | 15 replies
@Derick Jennings Without knowing more about your situation, I'd likely recommend a house hack, a strategy I wish I would have known about when I got started.
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21 January 2025 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.