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24 January 2025 | 3 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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23 January 2025 | 7 replies
Set a clear goal for your first property, find a mentor, and keep educating yourself—you're on the right path!
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22 January 2025 | 0 replies
Investors should keep an eye on its growing infrastructure and amenities.Huntersville: A family-friendly suburb with excellent schools and amenities, Huntersville is a solid choice for long-term appreciation.Davidson: A charming college town, Davidson offers steady appreciation and attracts higher-income tenants.Belmont: This small town near Charlotte offers more appreciation potential than cash flow, driven by its desirability and quaint atmosphere.Neighborhoods Offering Both Cash Flow & AppreciationConcord: A tricky yet rewarding market, Concord can provide both cash flow and appreciation.
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6 February 2025 | 7 replies
There's no need for me to keep asking for a response because their lack of responsiveness hurts them and rewards me.You aren't going to like every tenant, and should count your blessings that two of them are really good.
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24 January 2025 | 3 replies
That’s great advice Taz, I’m currently working on saving enough money to get started, house hacking is hard for me at the moment because I just bought a house 2 years ago, I would have to sell my house(which is in a great neighborhood great location) and use that money to fund the duplex which isn’t totally out of the question, I would like to keep the house if possible but also would like to get real estate investing more.
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4 February 2025 | 14 replies
Add it to your expenses, call it a day, and keep a satisfied tenant.
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9 February 2025 | 3 replies
I’ll be sure to keep looking into everything you mentioned.
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2 February 2025 | 9 replies
My 4 personal STR's are all in San Antonio did over $575k in 2024 and on track for $650k in 2025.I think you are generally looking in the right areas, but there are a few things to keep in mind:1) Stay inside of 1604.
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19 January 2025 | 6 replies
I would keep as much liquid as possible and essentially get you to 20% equity or more by renovating the property.
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17 January 2025 | 5 replies
Don't split the work between multiple contractors if possible, finding one to do all or most of the work will keep prices down.Challenges were finding replacement pieces for certain items as manufactured homes were very different than stick built as well as going through state guidelines for affixing the house to the land