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29 January 2025 | 5 replies
*Soon after, I will be moving to the South, where I will purchase a relatively moderate-priced home (less than $350,000), likely a single-family, possibly a duplex.~ I will most likely purchase the first home (multi-family) using a bridge-DSCR loan combo or a FHA203K (3.5-20% down).
7 February 2025 | 5 replies
If your target tenant is looking for a car-less lifestyle then you’re going to be competing with units close-in so you’ll have to win on price or features to get them out to 82nd.
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14 February 2025 | 37 replies
Otherwise, walking away is likely the smarter move.
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25 February 2025 | 7 replies
In my experience, property management companies often lead to higher vacancies, higher maintenance costs, and lower rental income compared to competent self-managing investors.
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28 January 2025 | 9 replies
Quote from @Martin Phinney: My wife and I are considering a move from the Seattle area to the Scottsdale area to be closer to her parents.
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1 February 2025 | 9 replies
Even competent 3rd party management can only mitigate, not necessarily address many of the issues that arise when owning lower tier properties & population growth alone is not a magic pill.
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31 January 2025 | 4 replies
The best strategy I seem to have deployed so far was to contact all my current tenants and let them know I’d give them a cash referral fee of $250 for anyone they recommend to me that goes through the vetting process and successfully moves in.
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4 February 2025 | 13 replies
I know pools are a must have amenity to compete in many markets and I have to admit that I'm a bit hesitant to enter those markets due to the potential liability risk.
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11 February 2025 | 13 replies
Then just ask: Hey, since you moved out of state I was wondering what your intentions were with this house.
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5 February 2025 | 16 replies
4) How fast can you move if the agent brings you exactly what you are looking for?