
22 July 2024 | 8 replies
Letting the tax tail wag the strategy?

22 July 2024 | 1 reply
Only choose one or two investment strategies to implement and learn as much as you can about them (picking multiple strategies will only lead to analysis paralysis and cause headaches, which will likely lead to no action taken).

19 July 2024 | 14 replies
Heloc, cash out or any other strategies?

22 July 2024 | 9 replies
I purchased it as a single family with a VA loan and used the BRRR strategy.

23 July 2024 | 32 replies
Larger deals tend to trade in retail at higher cap rates.What you need to decide is how long you want your money tied up into a deal (their exit strategy), and how much you want to place, and if you get cash flow right away, partial, or none until certain metrics are hit.As an example you might get 8% preferred return but upside might be more marginal than a small retail turn around deal where exit is in 2 to 3 years and equity multiple is likely much higher for overall return.

22 July 2024 | 2 replies
Where is your suggested location/strategy to find buyers?

23 July 2024 | 15 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually when rents are increasing or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

23 July 2024 | 4 replies
LOL I ran a profitable construction business for 3 years so I have project management experience.I have worked in the insurance industry in the past so I'm considering going that route.I want to really focus in Real Estate so I'm also considering getting my license so that way I can work in the same industry I'll be investing in.I also have over 12 years of customer service and banking experience.

24 July 2024 | 18 replies
They are going to put in a certain amount of work and their own money on marketing, photos, their overhead costs (agents are independent contractors who pay their own E&O and health insurance, income taxes, MLS dues, NAR dues, continuing ed requirements, etc., etc. all out of their commissions before they get to keep any $), their time, etc. then they also have to split anything they make with their brokerage. $4k would be losing money for me but again it sounds like a lower cost of living area.

22 July 2024 | 8 replies
@Jodie Cordell house hacking is a great strategy as long as you can stomach living next to guests or tenants depending on the strategy.