Larry Nielsen
Raising Rent on Newly Acquired Property
14 November 2024 | 21 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.
Reece Raspberry
Advice for Building New Construction
13 November 2024 | 1 reply
Outside of this, it’s been difficult to even figure out where to find reliable contractors in my area.
Tar-U-Way Bright
Thoughts on PadSplit
13 November 2024 | 14 replies
Once you do this conversion it will be difficult to change it back to a traditional long-term rental.
Davin Manfredi
Cost pushed to tenant?
14 November 2024 | 11 replies
Assuming adding a vent isn't unduly difficult, i.e. the dryer being in an interior room far from an exterior wall and/or no good access to run dryer pipe, I would put it in on my own.
Kimberly Rowe
Lots to Learn!!
14 November 2024 | 4 replies
RE is a get rich slow game and there are increasing number of people talking about how difficult it is to retire from your day job even with large numbers of rentals because cash flow is thin.On the one hand there is the Small But Mighty portfolio mentality which I believe is a book in the BP store by Chad Carson.
Williams Herrera
Newbie on Real Estate Investing
14 November 2024 | 8 replies
Even though the numbers may be different or some strategies may be more difficult to execute today it is still great to learn what options are out there.
Tom Dean
BRRR price point and finding deals in OKC?
14 November 2024 | 5 replies
While deals under 80k can be difficult to find, they are out there.
Tarcizio Goncalves
Stessa vs the competition
15 November 2024 | 5 replies
As I was inputting the properties, I noticed that Stessa does not support Portfolio loans (https://support.stessa.com/en/articles/2423581-mortgages-loa...)This will become very difficult to keep track going forward.
Kyle Deboer
how do i find underground markets to buy real estate
18 November 2024 | 24 replies
Eventually, you'll find a problem that is not that difficult to solve (but kept other buyers away or forced the property to fall out of contract a time or two).You also have to know what a deal looks like.
Nicholas Dillon
I Would Like To Pay OFF 2 of my homes
15 November 2024 | 8 replies
If you were to seek a LOC against #3, you would not get much as an investment property its very difficult to get a LOC and they typically will not go above 75-80% LTV which is where you are at.2.