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10 February 2025 | 12 replies
@Rosette PooleRecommend 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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26 January 2025 | 5 replies
If not, I most definitely would reach out to the tenant, introduce myself and ask if they are going to be out by the 31st or the 1st, I would communicate to the tenant as if I know they were told they are expected to leave, otherwise you may find they "do not know" they need to leave even if they actually know they need to leave....In the case they claim they are not aware they need to leave, you would need to follow the laws in the state you purchased the property, usually you can find that info on the states judicial branch or speak with a landlord tenant attorney.
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21 January 2025 | 0 replies
Purchase price: $185,000 Cash invested: $5,000 Sale price: $220,000 Occupied by my in-laws.
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24 January 2025 | 7 replies
I have never purchased anything 'perfect' but all of my rentals could have been rented as they were upon purchasing them.
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4 February 2025 | 7 replies
Can anyone recommend any sites, courses, videos, or books to purchase so I can prepare for the test?
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29 January 2025 | 6 replies
I am currently purchasing a home that will work great as a Rent By the Room. 8 bed and 6 baths in the DFW area.
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27 January 2025 | 12 replies
Purchase price: $2,000 Cash invested: $60,000 Sale price: $91,000 Bought this one from WCLB with the intention to fix it and sell on market to homeowner.
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9 February 2025 | 9 replies
If you’re interested in assuming a VA loan, you will be required to purchase the home in your name and have enough cash to cover the seller’s equity in the home.
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6 February 2025 | 4 replies
I even purchased his cash flow board game to play with my family.
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23 January 2025 | 7 replies
I recently watched a video on social media that mentioned the way he was buying properties and yielding the benefit of the sellers low interest rate is having the seller put the property in a trust and then purchasing the trust.