In our opinion, many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

You need to calculate your return on equity to see if it’s time to leverage that equity more, you also want to calculate your blended interest rate of the original loan and the the HELOC to see if that’s the best rate or if a cash out refi would be better.If I were you I would look at doing the same move again and buy another primary residence and turn your current house into your second rental.

We would love as much advise as possible in all areas of buying a first home.

First step is to have 5 years+ of experience in buying, managing and selling commercial properties.

For example, an individual buys a residential property as a 1031 replacement.

Hi,Has anyone used the above course for buying notes?

We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If we sell the properties our gross earnings will be about 300k, while our net earnings will be around 150k, due to capital gains, depreciation taxes and realtor fees.My lawyer, who is not experienced in real estate investing, says I have to buy her out based on gross earnings, so I'd owe her 150k.

Hi all:I’m considering buying an STR in midland and/or Odessa and wondering, for those familiar with the market, how is it performing?

I just started using the BRRR method.  I bought a side by side that needed a little work. I was not as familiar then with the idea of BRRing it.  However, the bathrooms were outdated.  Thus I will cash out refi after ...

Have a few projects right now - also started buying out of state rentals in Detroit.