
6 August 2024 | 3 replies
I thought this might be an interesting discussion, and I wanted to see your thoughts.The context: I am currently evaluating an out-of-state duplex in Richmond, VA which is in a C class neighborhood with upside.

5 August 2024 | 3 replies
Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?

5 August 2024 | 17 replies
It has good returns, low barrier to entry, good landlord laws and low taxes.

6 August 2024 | 4 replies
The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers current business waspreviously filed as sch c and confirm how long been in business for."

7 August 2024 | 6 replies
We do ask for a list of properties currently owned as well as properties flipped.

6 August 2024 | 3 replies
I’m currently have all my money in a live in flip but see opportunities all the time.

7 August 2024 | 8 replies
Its also really convoluted since the gov has the concept that it can't tax you at a higher rate than your current rate.

6 August 2024 | 7 replies
I'm currently evaluating a potential mobile home park, while small (10 lots total) it does have a single family home on the same property.

6 August 2024 | 6 replies
I am just thinking ahead, just in case, but wanted to get input on what options I could have with current tenants in a lease that might not expire for close to 1-2 years from now in the event I "needed" to sell a house or two, either for a better cash position for myself, or to 1031 into a larger investment property, etc.?

5 August 2024 | 27 replies
20% just seems a little low to me for full-service (communication, revenue management, multiple channels, turnover and maintenance).