
3 April 2024 | 5 replies
@Charlesa F.Your realtor and attorney (if you are using one) gave you bad advice.

4 April 2024 | 32 replies
If you don't want the partnership at all, then you should ask your brother if he is okay with that and instead maybe you give him a market rent or even a few hundred below market for a year or two as a "my bad, I didn't think his through but I still love ya."

3 April 2024 | 17 replies
I'll second @Jonathan Greene , @Michael Smythe , and @Michael Paling - BRRRR and flipping are bad ideas when you don't have any money or experience.

3 April 2024 | 36 replies
This example would yield a pre-tax net of $340/month (minus any vacancy credit or capital set aside for maintenance (capex).

3 April 2024 | 2 replies
Tenants sometimes thinking they are trying to act in their best interest, can bad mouth a property and scare some buyers away.

3 April 2024 | 7 replies
I know a lot of people use Avail but consulting with a local real estate attorney is never a bad idea.

3 April 2024 | 3 replies
I would suggest taking out what's called a home equity line of credit and use it to invest in more real estate but make sure that you have a mentor that has done at least 100 times what you are planning to do and follow a strategy that works for you.

4 April 2024 | 32 replies
For my small size it seemed unnecessary and I didn't see the benefit in the small companies for a small time guy like myself.What I do is I can collect rent through Venmo (free), I have a tennant application embedded into my website (cognito forms...also free) I screen tennants through mysmartmove.com (Transunion's company gives you credit report, background, criminal, eviction etc. and tennant pays for the screening so also free.)

3 April 2024 | 6 replies
I also have a partner with a full time job and great credit score as well, so maybe my best option would be to include him and have him apply for the mortgage.

2 April 2024 | 10 replies
The houses are warranted and easy to rent, no repairs will be needed in a while, sometimes the builder credits are good, plus they enjoy the appreciation that you receive from buying early in a community.