Anna Deatherage
Looking to follow a fix and flip investor
12 September 2024 | 14 replies
I wouldn't start on the Internet for that because people can be creepy.
Saulo Dias
What Matters Most for Vacation Rental Success?
14 September 2024 | 26 replies
Most often it was out of need for a specific location and space, so I first concentrate on the location, then #beds (typically), once I've narrowed it down, then I go to budget.
William Pichardo
Need Advice: BRRR Strategy for 1st Time Buyer
12 September 2024 | 15 replies
Identify the area where you want to concentrate your efforts.
Korede Alabetutu
New To Real Estate Investment
11 September 2024 | 13 replies
This is a great place to learn, just like everything on the internet just do not believe everything you read and if it seems too good to be true it probably is.
Jonathan Mueller
I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
He only pays $325/month.For people interested in the numbers:Purchase Price: $250,000Rents when fully occupied are $5,500/month (most units rent for $175/week) My monthly expenses are roughly $2000/month (working on lowering this buy buying the Water softener isnt of rent, switching the internet/cable company, and adding insulation in roof to lower my utility bills)The best way to get started is to just get started, I dont have all the answers but it seemed like a good deal and a great learning experience!
Dan Weber
Convert to section 8
11 September 2024 | 7 replies
Whether you do that or not I don't think that will solve your problem (and I would generally recommend against it if it's a decent property as lots of Section 8 units together concentrates poverty and can bring a property down; yes there are plenty of good Section 8 tenants but we're speaking in aggregates here).The big thing you need to do is find a way to get all of the problem tenants out.
Devin James
What Area of Development do you Specialize?
11 September 2024 | 22 replies
Our focus has been on creating high-quality, cash-flowing properties designed for investors looking for solid returns.While we primarily concentrate on vertical development, we’ve also started exploring horizontal development in certain projects as we continue to expand our footprint.
Don Konipol
Why I Believe Many Investors Have the Wrong Goals
13 September 2024 | 20 replies
My focus when I say concentrate on net worth is to be open to the possibilities.
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.
Martin Navarro
Analyze medium term rentals
11 September 2024 | 10 replies
If after adding the additional monthly recurring costs (electricity, gas, water, internet, insurance, lawn care, snow plowing, etc.) to the standard long-term costs (Mortgage, taxes, regular insurance, etc.) the property won't net at least $100 if I can get the average rent I see on FF for that area, then the property isn't worth more investigation.