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Results (10,000+)
Pranav Patel 22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
Quote from @Pranav Patel: Hello,I'm 22 years old with roughly $50k saved up through part time jobs and internships.
Madison Sloan Newlywed rookies close-ish to first purchase
18 January 2025 | 9 replies
We are open to MFH but depending on the market we pick they are less common in certain parts of Idaho.
Fulati Paerhati What is the good location to buy a rental property for 250k cash ?
6 February 2025 | 58 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Clare Pitcher Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
Yup, I think if hired someone to do a job, that they have an obligation to do that job to fullest.
Christopher Heidrich Stuck in analysis paralysis and in the Military
27 January 2025 | 3 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.
Chris Mahoo Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Robert A. Coloma Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
It is common practice for mortgage companies to later sell the already funded loan to a 3rd party like a hedge fund or a bank after the fact.
Joel Oh salt water hot tub
13 January 2025 | 23 replies
The most useful switch I made was from a vendor who kept insisting the water was fine (it wasn't and no, the chemicals didn't just need more time) to a true pro who doesn't gouge us for maintenance and does a consistently great job.
Sarah En First-Time Landlord Seeking Advice on Rodent Prevention and Repairs
3 January 2025 | 3 replies
Where I live mice are common as the cold weather drives them inside.
Mario Morales "Multi-family" agents-how to pick one's
17 January 2025 | 6 replies
@Mario MoralesI think this is a common question and the value that an agent will bring will vary by individual needs.