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Breaking Down How Much Money You Need to Invest in Real Estate
21 October 2024 | 1 reply
However, budging for ongoing costs is vital for making the best investment decisions.Some real estate investors set aside 50% of their rental income for taxes, insurance, repairs, and maintenance costs.
Matt Tortora
Looking to buy my 1st multi-family property
20 October 2024 | 9 replies
Maybe give yourself a break on one facet of the experience and use an experienced agent.
Eric McCoy
Need Investor-friendly general contractor this week (Atlanta)
20 October 2024 | 9 replies
Like I said knowledge is vital and paying for a weekend or a REIA membership or a REIA event is apart of your RE College tuition.Good luck, curt
Michael Dallas
Looking to Become an Agent After College
18 October 2024 | 7 replies
Income fluctuates tremendously in most 1099 real estate occupations (being a Realtor included) so having that put away will be vital to your comfort and peace of mind as you get started.(1) figure out how your minimum monthly income needs (this may change as you move to a different city and get out of college life, so estimates are fine for now)(2) cut out everything extra until you've put away 6 months reserves(3) live way below your means so you have extra money to save and investGood luck and congratulations!
Jillian Wright-Martin
Secure online application portal?
13 October 2024 | 7 replies
Zillow is very common but beware that a lot of these sights don't give you vital information and only give you a "Renter Score", not an exact credit score or other vital info.
Lisa Broderick
Has anyone done or heard about Glenn and Amber Schworm's mentorship program?
18 October 2024 | 37 replies
So yeah, please anyone feel free to buy me some properties and I will happily let you see what I am doing with them and will tell you all about every facet of it, sure thing.
Joe DeSimpliciis
Looking at short term rentals outside Yosemite. Anyone familiar?
13 October 2024 | 15 replies
A pro forma is vitally important, to make sure your projected returns match your budget.
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15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
Therefore, it makes financial sense to factor in all costs when deciding whether to sell or hold a rental property.Strategies to Sell Investment PropertiesWhen you decide to sell an investment asset, it’s vital to consider the tax implications to avoid taking a large tax hit.
Pranav Parikh
Insurance coverage in disaster zone - asheville/swannanoa/black mountain
8 October 2024 | 6 replies
Be also mentally and emotionally prepared for the folks that think just because this is not your primary home, it's somehow less of a catastrophic event for you because others did lose their primary homes.That's why it's vital for you to form support networks with people who are in your same boat - ideally in the same community.This truly pains me to share - but most of the disasters I'm seeing across Western NC are going to be considered flood events and if you do not have a separate flood policy you will likely get no coverage.
Marcus E. Turner
Having An Investor Mindset
6 October 2024 | 1 reply
Networking also plays a vital role; connecting with other investors, real estate agents, and industry experts can provide valuable insights and open doors to new opportunities.