Dylan Fraembs
New Investor in Providence – Looking to Connect and Learn from Local Experts
31 January 2025 | 5 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
In return, they will be motivated to get a job and pay back every dime owed while lavishing you with praise.
Brandon Blackmon
Rates for a GC
31 January 2025 | 12 replies
Some can charge less on a job and some charge more on a job.
Michael Weleski
Meet Ups/ Networking Events
29 January 2025 | 2 replies
Looking for ways to expand my network as well as possible job opportunities.
David Robert
Single family home with severe cigarette damage, great price
28 January 2025 | 4 replies
I have arranged for Servpro to take a look at the property in person to give me a quote for this job.
Matthew McCarty
Started out, need advice. Already have one property and have 100K in the bank.
28 January 2025 | 6 replies
Additionally, I have $100,000 in cash in the bank, and my monthly expenses for my home and family are around $3,500.My wife earns between $100,000 and $120,000 from her W2 job, while I've recently lost my job but found a new one that pays $65,000 a year.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
We just really wanted to see if we can get something back because they are really bad at the job and have cost us many thousands of dollars (if not more).
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
I hate to say this, but if you want to get a job with Yardi as the main software, you will need to start at the entry-level accounting.
Michael Klick
2025 and Looking to Invest in Real Estate
21 January 2025 | 7 replies
HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?
Pranav Patel
22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
Quote from @Pranav Patel: Hello,I'm 22 years old with roughly $50k saved up through part time jobs and internships.