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20 October 2024 | 15 replies
I would prefer some green areas (but should be closer to beach) so that it still is attracted to STR.
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19 October 2024 | 5 replies
Now, I’m eager to dive into real estate investing, specifically in single-family homes and multi-unit properties like duplexes.So far, I’ve read The Book on Rental Property Investing by Brandon Turner, and I’ve just started BRRRR by David Greene.
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21 October 2024 | 18 replies
But most of the investors from Cali that invest here out of state end up putting down say 30% to get in the green and every now and then a duplex pops up that makes sense with 20% down and some reno work.
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18 October 2024 | 7 replies
You seem very green, I would highly suggest finding a property management company to do this for your while you learn the ropes and how things work.However, you can also get a copy of "The Book on Managing Rental Properties" by Brandon Turner, and get some really good information.The main one's to consider are:Background check - totally clear, or will you allow certain thingsEviction history - totally clear, or will you allow if no evictions for last xx yearsIncome Requirement - usually 3x the cost of rentCredit History - totally clear, or will you allow certain thingsPets - yes or no, size, type, number of pets allowed, extra pet deposit/feeAgain, I highly suggest a property manager to assist you with this.
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17 October 2024 | 4 replies
At that point, you'll be under contract and could perhaps renegotiate the deal as @Jonathan Greene mentioned.
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24 October 2024 | 139 replies
I would also recommend getting Greene’s book long distance investing because he hits on this as well.
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17 October 2024 | 10 replies
@Jonathan Greene I completely agree that getting your spouse on board is crucial.
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22 October 2024 | 17 replies
Quote from @Jonathan Greene: Quote from @Jesse Dominguez-Castelan: Back in 2021,I found myself an opportunity in Indiana, where I lived, to purchase a house.
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17 October 2024 | 8 replies
@Jonathan Greene Thanks for the recommendation!
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16 October 2024 | 18 replies
Quote from @Jonathan Greene: 1.