Patrick Wood
Investing seed money: what financial instrument to use as a bucket
14 January 2025 | 2 replies
My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?
Jai Windish
Central Illinois Rookie
30 January 2025 | 11 replies
Price range seems to be so fluid from what I'm seeing - as I'm sure you well know this but a home in one town might be $20,000/$30,000 variation in another.
Jeanette Land
Next move for investment
21 January 2025 | 4 replies
I own a home which I’m currently living in and planning on making a long-term rental property as well once I move out.
Andrew Katz
Should I Keep these Tenants?
30 January 2025 | 13 replies
It's likely you'll be able to raise the rent as well with the upgraded unit and you can look to market it during the time of rehab.
Daniel Baker
Finally making my first posts.
14 January 2025 | 1 reply
Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
Those remote flips and high cash flow rentals are so tempting on paper, but they rarely go well in reality.
Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
Class A properties will generally have high valuations and lower market Cap Rates.Class B Property:A step down from Class A, Class B properties are in the 10 to 20 year-old range, and are mostly well maintained.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
If I could move to a more simple software than QBO, it would save me several thousand a year, and the simplicity would be valuable as well.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Class C is more work than class B, but if managed well can do great.
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.