Eric Coats
Running STR #s for Newbie
10 January 2025 | 19 replies
I think the main points would apply to you as well.STR is great, as long as you go into it with eyes wide open and reasonable expectations.
Efrain Flores
From Mistakes to Growth: Deciding the Future of My First Property
24 December 2024 | 1 reply
Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...
Mark Hafner
International vacation rentals
26 December 2024 | 6 replies
Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.
Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
21 December 2024 | 10 replies
Quote from @Brandon Vukelich: Question: why would you sell an asset that generates a profit today and will generate a more significant profit in the future?
Joelle Chilazi
Greetings from Realtor in Jersey City which has the 2nd highest rents in the US
13 January 2025 | 27 replies
@Roy Kinzer Rent control in NJ can be a tough pill to swallow and unfortunately has caused many of my deals to fall apart quickly once buyers/future landlords realize how strict the controls can be.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
These guru's pitch get rick quick with no money down, so people "want to be investors" but fail to start because they had unrealistic expectations from day 1.
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
I would say go for it if that is what you expect to incur in the future or you are still growing.
Alex Messner
Purchasing first home (with debt)
8 January 2025 | 9 replies
I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Everything resolved as good as could be expected w/o court (albeit full renovation was needed.)
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
You can use this tool to estimate future property taxes: https://treas-secure.state.mi.us/ptestimator/ptestimator.asp