Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Grant Shipman
Do you believe that Co-Living investment is the fastest way to financial freedom?
1 February 2025 | 17 replies
For example, if the typical rent per unit is $1,500 (3bd 2ba), my landlord at the time would have one unit with three rooms and four people within the unit (one person per room and one room with two people), each paying around $500.
David Shaun
Hit $200K in Cash Flow in 2024
11 February 2025 | 39 replies
The neighborhoods are not upscale but they are desirable so good tenants are typically found quickly.
Chris Lin
5 Years with REI Nation: Convenience Over Cash Flow
4 February 2025 | 24 replies
But, we recognize that the experience you were having, multiple months without revenue and no clear time frame to be fixed, is not a typical experience with our company, and when and where we can help, we will.Our team didn't follow up as we said we would, so you asked us for updates instead of how we plan to operate, which is updating you proactively.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
How much upfront costs are typically involved in a project before you know if it's a viable project to pursue?
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
Spreads between conventional loans are typically 100-150 bps of the loan amount.
Lisa Marie
Are REIAs a scam?
13 February 2025 | 95 replies
It's good in that they don't have a lot of sale pitch, typical none in general meetings but ccasionally they bring in people with programs.
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
RentRedi has some flaws for sure.
Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
Insurance typically covers only the directly damaged area, not undamaged flooring, even if it's continuous.
Kyle Carter
Forclosed housing informational - personal experiences
15 January 2025 | 5 replies
House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area