
16 August 2024 | 19 replies
Here’s a bit about my current situation and goals:Current Rentals:Number of Properties: 1Type of Property: Single-family home (we lived in it and turned it into a rental when we moved out)Location: Corpus Christi, TXInvestment Goals:Short-term Goal: Acquire more properties and build an equity-heavy portfolio to have leverage if needed.Long-term Goal: Build a portfolio that provides enough cash flow to cover all living expenses.Focus: Expand my portfolio, preferably to at least 10 properties in the next 10 years.Financials:Current Monthly Cash Flow: Close to breakeven (potentially negative by $20, factoring in reserves).Future Investment Budget: No savings at the moment.

23 August 2024 | 181 replies
If you're a one-man army, let some of this automated technology do the heavy lifting so you can be the problem solver for that motivated seller.

21 August 2024 | 94 replies
I have found at this point his advice is become less and less useful and seems to push heavy for giving him large sums of money to enter into partnerships.

15 August 2024 | 7 replies
For us, its about creating posititve impact, long-term capital appreciation, and decent cashflow, so we are investing in low-to-moderate income heavy value-add 3/2 SFRS in southern DFW.

15 August 2024 | 8 replies
My experience is that REIA tends to be heavy-handed with the sales pitch, while PIN is more investor focused.

15 August 2024 | 3 replies
We used to have in-house inspectors but it was hard to scale and with our heavies season being that of summer months, at 1000+ units we weren't able to hire enough inspectors for the last day of month move outs and first day of month move ins and then still keep them fully-employed in our slower season in fall/winter.

15 August 2024 | 13 replies
To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ugh), so this is all pretty new to me.Here’s my current setup:I’ve had a property management company using AppFolio to handle the heavy lifting – rent collection, owner distributions, expenses, and the whole shebang.

16 August 2024 | 12 replies
Both can be pretty maintenance heavy...

15 August 2024 | 15 replies
They tend to find the worse for wear properties at the lowest prices, so if you're looking to do heavy rehabs that's a good starting point. speaking with other flippers in the area or real estate agents would help give you the best idea of what you may be looking at for ARV's and rents if you planned on holding any of your properties.

14 August 2024 | 6 replies
I like this idea for it gives me peace of mind but it has a heavy up front cost.