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9 January 2025 | 5 replies
Since you just starting to rent it out I would include the down payment and any major repairs you have done.
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8 January 2025 | 0 replies
They offer SFRs across the country (1031 eligible) that are fully triple net lease - meaning there's no costs to the homeowner, no vacancy liability, no unexpected repairs and maintenance, NOTHING.
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29 January 2025 | 25 replies
There were a number of issues, but the big one was a "repair" charge they lied about.
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12 January 2025 | 5 replies
If you can rent 3 units for $2,000 you are close to breakeven.On the plus side, you will have a highly attractive asset and several decades without much cost of capex and repairs.
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6 February 2025 | 34 replies
Just be careful buying in a C-D class area that needs repairs.
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5 January 2025 | 17 replies
Analyze potential deals by estimating the After Repair Value (ARV), repair costs, and total expenses.
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6 January 2025 | 9 replies
Repairing to sell might recoup some costs, but given the market and your limited funds, selling “as-is” is likely the best option to minimize further losses.
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30 January 2025 | 56 replies
Keep in mind travel time, repairs, and lifestyle to manage the out of state rental.
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13 January 2025 | 7 replies
If you have vacancy or in need of a large repair, will you have the cash to also manage that?
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15 January 2025 | 29 replies
The buyer got an affordable home in exchange for doing the repairs himself (sweat equity), I got a cashflowing note, and my private lender got a steady interest payment.