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23 February 2025 | 32 replies
hey everybody i am not recieving notifications of your replies if everyone can text me there contact to 3108966251 we can set this up and help make these dreams a reality Jose S. this will be a meet up a lot different then most, i will be hosting it at our office where we run our real estate investing company from,
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23 February 2025 | 10 replies
Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.
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17 February 2025 | 7 replies
Do I sound like I'm on the right track?
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27 February 2025 | 1 reply
But because the sheriff’s office is backed up for three months, you’re in a bit of a holding pattern.
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25 February 2025 | 10 replies
I believe it was because I had good track record with the the local lender, $25k cash in savings, and a property that appeared okay in photos.
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27 February 2025 | 45 replies
Successful track record is much more important.
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25 February 2025 | 0 replies
TV shows and social media make it look like a fast track to financial freedom—but in reality, it's a tough game, especially in a market like Boston.Even if you have a down payment, you're likely using hard money loans at 10-12% interest for the purchase and rehab.
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27 February 2025 | 1 reply
You don’t just need a general admin—you need someone who understands tenant turnover, screening multiple tenants per unit, handling lease coordination, and managing communication between roommates (which can get messy fast).A solid VA for this model should be able to:Screen inquiries and prequalify tenants based on house rules.Manage listings on platforms like Facebook Marketplace, Zillow, and Roomster.Coordinate move-ins/move-outs and track leases for each tenant.Handle maintenance requests and keep an eye on potential conflicts between tenants.Chase rent payments if needed.If you’re thinking about hiring one, I’d focus on VAs with property management or co-living experience—not just someone who has worked in real estate generally.
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26 February 2025 | 5 replies
I use Rentredi.I also use Paypal, Zelle, Venmo.I make it as easy as possible for people to give me money.I track it all in a spreadsheet for many properties.
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2 February 2025 | 10 replies
Financing might be a challenge.I would recommend consulting with a attorney, loan officer, and CPA to discuss your specific situation and determine the best course of action.