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7 February 2025 | 6 replies
I currently have a rental property and am looking at getting my real estate license and building a property management and property maintenance company to serve my investments and potentially others.
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11 February 2025 | 39 replies
Quote from @David Shaun: January marks the 13th anniversary of the purchase of my first rental property.
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6 February 2025 | 9 replies
Neighborhoods near major employers like the AFB often provide reliable rental demand, which is a great foundation for a long-term hold strategy.
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8 February 2025 | 14 replies
Verifying last 2 years of rental history very important!
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9 February 2025 | 3 replies
You are already succeeding by living for free, which will increase what you can save for the next investment.1-2 years later, buy another one and turn the first property into a pure rental.
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7 February 2025 | 8 replies
From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box.
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10 February 2025 | 7 replies
There are tons of other metrics to consider such as rental rate, job demand, growth, path of progress, taxes, schools, crime, and on and on.
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12 February 2025 | 8 replies
@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.
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6 February 2025 | 12 replies
Since you already have experience with both short-term and long-term rentals, house hacking a duplex could be a smart next move.
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12 February 2025 | 2 replies
Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.