Hey guys, I need some advice on my first rental. 

No negotiations needed How did you add value to the deal?

Hey folks,
So I’ll try to keep it brief and short. I have about $187k in equity on one of my rental properties. I’m looking at investing outside of California; mainly Kansas. Reason being is because my brother-in-law...

Compared to the US, the financing is different (if you need any), the legal system is different (you need to vet the parties), pre-construction works differently (if that's what you want to buy), the buyer/seller psychology is different, ...It's important that you get the needed knowledge or work with people who have it and have their interests aligned with yours.I have replied to hundreds of posts about investing in Mexico over the years so you might find some what you look for there.

Hey @Kyle Keller, without using personal income, you'll most likely need to refi into another DSCR.

From a rate perspective, likely is not close to making sense at the moment, would need rates to drop further, however if value has increased and you are looking for cash-out, that motivation (any lower rate as icing on the cake / secondary concern) it could make sense to look into

It seems like a great opportunity, but as someone based in DC, I don’t know much about Salisbury.I see that it's fairly close to a hospital, which could be good for medium-term rentals (MTR), and it's also near a university, which might attract long-term renters.For those with experience in this market, I’d appreciate your thoughts!

Right now I know the bones of the BRRRR and what things need to be in place to make it successful but I know nothing about markets or how to analyze them.

By late 2018, I realized the need to expand my cash buyers list significantly.

@Chris Seveney I was thinking of higher contractors for bigger electrical jobs or and major plumbing that may need done.