Gagandeep Singh
Is there any market that still meets the 1% rule?
8 October 2024 | 36 replies
I am looking for long-term rental property investment opportunities but none of the cities that are published as best places to invest meet the 1% rule.
Jonathan Bock
Do investors know what their tax rate is?
10 October 2024 | 23 replies
On a serious note, after 10/15 I plan to publish a long post (some would call it a rant) on why I consider the very question of tax rate pointless.
Tanya Maslach
Doing a BRRR in Kansas city (MO or KS) for Mid Term Rentals?
8 October 2024 | 5 replies
Places like Liberty/Claycomo/Gladstone in the Northland, Blue Springs and the Eastern side of Independence, on the East side of town, Olathe/Lenxa KS on the SouthWest side, and more.
Ofir R.
Inspecting a property from afar
11 October 2024 | 13 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!
Ryan Rabbitt
Employer does not match 401k - should I invest?
14 October 2024 | 24 replies
Understandably that's also not the typical real estate investors' goal - most investors want to leave the 9 to 5 job sooner and be financially independent early.
Rick Albert
Section 8 Experiences: Who wants to chat over coffee?
4 October 2024 | 2 replies
The published cap should be used purely as a guideline, whereas the final determination could vary.
Account Closed
11 Ways to Find Off-Market Properties For Sale
10 October 2024 | 0 replies
Always have your business cards handy and be ready to follow up on leads promptly.Work with an investor-friendly agentRather than conduct a search independently, work with an investor-friendly agent (or multiple real estate agents) who can keep their eyes open for off-market properties.
Uri Frodis
Wheelbarrow Profits Academy with Jake and Gino
11 October 2024 | 40 replies
The community leader, Josh Roosen, really goes out of his way to make you feel connected.And that's the real value of the group at the end of the day: They are committed to your success.A little about my track-record, since joining the group last year I've done:1) acquired 80 units ($7mm in assets) across 2 syndications and 1 joint venture2) Launched a podcast (Multifamily Investing Made Simple)3) Will be publishing a book (Passive Investing Made Simple) in June.
Kristi Miller
Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
Our strategy was finding independent residential cleaners and training them on STR processes.From what I’ve observed the economics of small town cleaning businesses aren’t great.
Binita Mehta
Company to manage own properties?
8 October 2024 | 6 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.