Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
Unfortunately very few who seek out these assets take the time to consider their exit and fail to realize they are the most costly assets to exit, let me explain why: Here's how that disposition process to an owner occupant looks: -You will incur turn over expenses associated with vacating the tenant in preparation of the sale -The natural buyer in this price point is the FHA buyer who will normally seek a 5-6% seller assist -Passing a Section 8 inspection/preparing a home for a low income tenant is very different than the expectations of a home owner, particularly the FHA buyer who cannot afford to take on any deferred maintenance.
Ethan O.
Orlando Short Term Rental
30 November 2024 | 12 replies
Coffee stains under the fridge or a dust bunny in a corner, not if you want the 5 star review and the repeat bidness 🤪 What would be included in a deep clean that is not normally cleaned?
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
Normally when people ask about something like this, they are looking for a quick way to survey markets, but that's not a great idea if you guys are brand new.
Sai Paladugula
Appreciate to have inputs from Experienced Investors
1 December 2024 | 13 replies
What that means is that even if you "overpay" for a property today, there's a pretty good chance that the normal rate of inflation and general appreciation is going to make you look like a genius 30 years from now.
Jorge Liang
Tenant Fleas (Pest) Complaint
30 November 2024 | 11 replies
In that case, I would have normal pest control for the property which would include spraying for fleas & ticks.
Vishal Chandan
Does the credit need to be unfrozen till closing?
25 November 2024 | 7 replies
Yes, it's normal for lenders to ask you to unfreeze your credit until closing.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
My hypothesis is that a Venn diagram of high-sophistication principals and normal properties (however defined) would encompass 20-30% of SFR transactions.
Richard Nguyen
Experiences with SDIRA
29 November 2024 | 9 replies
I would look for a custodian who does not charge a fee based on your assets.I normally see the costs being A one time set-up fee along with an annual reoccuring fee.The thing you want when opening up an SDIRA is that the return that you will make with alternative investments will be greater than the fee that is charged to you for the SDIRA plus the return you would have likely gotten with a regular IRA.
Seth Rose
Out of state BRRRR steps
4 December 2024 | 31 replies
If you don't have the downpayment, go make some cash so that you do, either through saving from your normal income or some real estate investing efforts.Your point on debt paydown, although true, is not relevant to the argument of BRRR vs. traditional rental.
Patricia Via
should I manage alone or property manager?
2 December 2024 | 13 replies
I normally try not to work with people like you because your expectations are unrealistic.