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16 December 2024 | 43 replies
Quote from @Vivan Bhalla: Hi all,So I was reviewing a list of reviews given by people on RTR (Rent to retirement) and was surprised to found not even one negative, which made me think of my experience and I decided to write a review so as to save people from this scam.I came across RTR in 2022 through a referral, I researched their reviews and decided I will use them for my first real estate investment which is a turnkey property.
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10 December 2024 | 12 replies
Cleveland investors often aim for COC returns of 8–12%, so you’re in the right range.Net Cash Flow: $277/month is positive and provides a buffer for unexpected expenses.
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11 December 2024 | 3 replies
@Kristie McCleary You may be surprised.
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12 December 2024 | 6 replies
It’s also always a good idea to be a little conservative with your timeline and rental income estimates since delays and surprises happen.
12 December 2024 | 14 replies
No surprise, this, along with job growth (HP is a large employer) forces prices to stay high as demand creeps up too.
13 December 2024 | 15 replies
Consulting a CPA is a must to navigate these nuances.Double-check these details with your lender and CPA to avoid surprises and keep scaling smoothly.
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15 December 2024 | 8 replies
Those notices are recorded (surprisingly) at the county recorders/clerks office, so, search there by whatever details you have if your state offers non judicial foreclosure which it does.If there is no related documents (NOD or NOS or NOTs or appointing a sub trustee listed within the available documents list for the database) then go to the final place where the notice is filed.3).
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13 December 2024 | 35 replies
Make sure you've got cash reserves for closing costs (around 2-5% of the purchase price, repairs and maintenance (aim for 1-2% of property value annually), vacancy periods (budget for 3-5 months of expenses), property management (if you're not self-managing), emergency funds for unexpected repairs.When choosing markets, look for those with stable job markets, growing population, and strong rental demand.
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18 December 2024 | 45 replies
Do not be surprised if you lose your entire investment and maybe more, if you have a recourse loan.On the other hand, real estate is a forgiving asset class.