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9 March 2018 | 15 replies
This is my first post and I thank you in advance for sharing your expertise.I currently have a real estate perdicament for which I could use some advice and I expect that my experience is a relatively common one.I currently own a 3bd/2ba SFR in Oklahoma City (OKC) which I purchased as my primary residence in February 2016.
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8 March 2018 | 2 replies
This means I can write off expenses related to my work.
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12 March 2018 | 5 replies
One of my goals i hope to achieve from investing (long term) is to be able to afford to take a trip to Ireland to meet my distant relatives at some point.
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8 March 2018 | 2 replies
It's not quite as lucrative as flipping but it seems like a relatively easy way to lock up 1.5-2% returns in less than 48 hours help lol!
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31 December 2018 | 18 replies
We needed a permit and to be registered to remit room taxes (the name of the permit eludes me at the moment) and we also needed a health inspection and permit from the Health Department.
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9 March 2018 | 1 reply
As I am clicking on the different parcel numbers, I stumble upon a property with a relatively high tax lien compared to other residential properties.
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13 March 2018 | 4 replies
Short of taking a real estate related job, which it sounds like is not possible for you, I would say get out to meetups and expand your network.
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12 March 2018 | 2 replies
About 4 or 5 years ago he had a health scare and once through it we decided to write our agreement and each sign it.
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9 March 2018 | 1 reply
I am a little paranoid about water accidents as I lost a relative to drowning so I do warn tenants on signing.
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11 March 2018 | 8 replies
Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.