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27 February 2025 | 11 replies
So, no more screaming tenants, backed-up toilets and non-paying tenants, LOL!
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18 February 2025 | 6 replies
You do the work and they put up the money.
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27 February 2025 | 4 replies
Medlock Park, in particular, is a hidden gem... close to Emory, strong rental demand, and properties that still trade below Oakhurst’s pricing.A close friend of mine recently worked with an investor who picked up a triplex near Emory, and the biggest challenge?
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13 January 2025 | 1 reply
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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24 February 2025 | 27 replies
In your example above now your debt goes from 3000 a month to 3250 a month. so, your DTI HAS gone up but only to 32.5% from 30%.
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17 February 2025 | 2 replies
If I were in your position, I would buy a duplex that has potential for value add, fix it up, live in one unit and rent out the other unit as a medium term rental or long term rental.
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16 February 2025 | 6 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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21 February 2025 | 6 replies
Quote from @Tom Grieshammer: I’m 26 and I’ve saved up 120,000 and want to get the best bang for my buck in real estate.
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21 February 2025 | 4 replies
Things started picking up speed, like a snowball rolling downhill.
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24 February 2025 | 0 replies
It will be interesting to see if sales will pick up in the spring/summer months.