
25 June 2024 | 11 replies
.; remodeling an existing space; replacing or adding AC, flooring, insulation, roofing, etc.

26 June 2024 | 5 replies
I plan on getting my realtors license and flipping/ investing into properties.

26 June 2024 | 5 replies
I'm a student athlete at OU wrapping up my undergrad this fall, with plans to pursue grad school soon.

26 June 2024 | 38 replies
I do not want to go into another vacation market but rather a metro area with a more diversified economy again just to get into a different type of asset.That being said I do want to continue to short term rent the next few properties we get at least in the first few years of ownership in order to increase cash flow to combat these higher prices and carrying costs before potentially converting to more passive long terms down the line.Therefore I am looking for markets that 1) have a decent draw of visitors year round 2) have regulations that allow strs in some parts of the city 3) Are in growing cities in the west or south.Below is a list of markets I have identified as potential places to look and I was hoping to get some insight from either other investors doing the same thing or agents/investors in any of these markets on whether this is potentially a good market to explore or not.1) Salt Lake City (this is right at the top of my list due to its proximity to ski resorts, expanding of the airport and long term strategic business planning of the area but I have very little knowledge of this market)2) Denver 3) Phoenix (used to live in AZ and like the fact that the state of AZ seems to look favorable on strs)4) Tucson (see above but lower home prices/potentially less appreciation)5) San Diego/LA (these are attractive because of their proximity to my home in Irvine)6) San Antonio (love that it is very close to the booming Austin and feel that this is a market that could see some real growth in the future)7) Tampa/St Pete (I have always been very interested in this market for both short term and long term rentals)8) Raleigh (have invested in Charlotte and love NC but again very little knowledge on this area)Any insights or advice on any of this would be greatly appreciated.

26 June 2024 | 5 replies
I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).

26 June 2024 | 10 replies
I have a call planned with bigger pockets Tuesday.

26 June 2024 | 10 replies
But you better have a plan for when you do use the credit on deals to make sure you do not get stuck paying loads of interest on them.

24 June 2024 | 7 replies
Now, they are telling me that the repairs will be calculated based off of the depreciated value of the floors.

26 June 2024 | 9 replies
The Plan is to come up with $400k for the down payment and for that I'll need to sell about 3 of my rentals. 2 of them are single family with a ton of upside, so I don't foresee any issues selling them.

27 June 2024 | 14 replies
A 1031 exchange would seem to make a lot of sense, but you need to have a firm plan in place to execute on this when you sell.