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11 October 2024 | 17 replies
Once the deal details are reviewed, it helps our lenders assess the type of property and strategy we use and how successful we are in it.If you wanted to deep dive on your own, you can always check with county records on fillings, operators' good standing records from state where incorporated etc as well.
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11 October 2024 | 4 replies
How is your credit, income, other liquid assets and how will those stand up in a year or two when complete?
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10 October 2024 | 1 reply
He had used the free version before and decided to go "all in" this time because the rental market was tight, and he wanted to stand out.
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11 October 2024 | 8 replies
(A lot of people talk themselves up above and beyond their actual experience, instead of just being truthful with their standing.)
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10 October 2024 | 2 replies
BRRR stands for Buy, Rehab, Rent, Refinance, Repeat, and it's one of the most powerful ways to scale your investment portfolio using leverage.
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10 October 2024 | 28 replies
I stand corrected—it is a cabin, not a condo.
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11 October 2024 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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21 October 2024 | 176 replies
That is a norm in rest of world outside USA, a level of education and knowledge far FAR beyond where USA stands today.
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11 October 2024 | 12 replies
In the short term, if your property is still standing and others are heavily damaged, prices could go up due to reduced supply—there are just fewer homes available that aren’t in need of repair.
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11 October 2024 | 13 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!