Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
1 February 2025 | 56 replies
Misinformation stating that the guru dropped out of school, was fired from his job, failed in his business startup, but when he discovered” the “secret” of real estate investing, met with almost instantaneous success7.
Amos Lee
Ohio or Vegas??
6 January 2025 | 8 replies
I'm an investor here in Columbus OH myself and have seen the city's solid and steady growth with strong economic fundamentals driving the market like major companies moving here (Meta, Intel, Google, Amazon, etc), job growth, and population growth.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income.
Haleigh Nelson
Emerging NC markets?
1 January 2025 | 2 replies
A client of mine recently invested there and raves aboutt the ease of finding solid contractors who stick to the budget.One piece of advice: before jumping into any market, spend time understanding the local economy, demand drivers (like job growth and population trends), and the landloard laws.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
I do relatively well in my day job by today's standards but my hourly rate for self managing is closer to that of a surgeon.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
Each property comes with its own set of risks and every investor must understand those risks and do the minimum - get 3rd party inspections, 3rd party appraisals, verify rents, jobs and crime rates at city-data.com - before buying.
Austin Bull
AI and REI
29 December 2024 | 8 replies
Also, what niche jobs in real estate (Agents, appraisers, house inspectors, lendors, ect.) are going to be replaced eventually?