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12 January 2025 | 20 replies
@Tayvion Payton here's some useful info:Recommend 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?
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3 February 2025 | 2 replies
I found a few that I liked and Melissa was able to help me quickly identify which ones were best for me and proceed with the purchasing process.
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4 February 2025 | 7 replies
If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.
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12 February 2025 | 16 replies
I would make sure a bundle of rights for ownership are available individually, per unit of course, then worry about warranty and purchase options.
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4 January 2025 | 7 replies
He left his belongings inside and later texted his intent to pick up his stuff.
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22 January 2025 | 22 replies
Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit.
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11 February 2025 | 16 replies
Quote from @Cody Lewis: My wife and I recently purchased our first STR.
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26 January 2025 | 9 replies
So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.
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4 February 2025 | 4 replies
These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?
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30 December 2024 | 1 reply
Purchase price: $415,000 Cash invested: $90,000 MY FIRST RENTAL PROPERTY !!