Also HELOC's typically have lower interest rates than personal loans since it is secured by your home.

-------------------------------------------------------------------------------------------------------Recommend 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?

We have regular evictions at this scale and they typically will take a few months up to six or seven months if the tenant contest/hires an attorney.

I won't say how many offers we make on properties for ourselves or clients in a typical week. 

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

They'll typically leave behind mattresses, couches, broken furniture, rotten food, etc.

I’m excited to take my first steps into real estate investing and have decided to focus on Pittsburgh for my first property.I’d love to hear your thoughts on:*Neighborhoods or areas in Pittsburgh that are good for investment and typical price ranges I should expect.

----------------------------------------------------------------------------------------------Recommend 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?

Refrigerators aren’t typically expected in Texas single-family rentals, and it may be the same in Georgia.For other appliances, buying new is usually the better choice.