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30 July 2024 | 8 replies
I guess I will try and talk with him when I move in but I’m confident you can’t even rent a studio apartment in this zip code (06790) for $7504) When I sit down with him upon closing I plan on asking him personally if there’s anything that should be brought to my attention that needs to be done that I may not have seen on the home inspection which I will absolutely repair.
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30 July 2024 | 1 reply
working with the investors that I do they find that the financing options with new construction are fare better that most resale homes.
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30 July 2024 | 1 reply
Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible
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30 July 2024 | 12 replies
@Josh Banwart not a one-stop-shop but you could check out the facebook group Expat Home Owners Germany.
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30 July 2024 | 6 replies
Last July I purchased a home from HOA foreclosure auction.
26 July 2024 | 49 replies
Any other tips for a new real estate investor?
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30 July 2024 | 8 replies
I have thought about buying a four plex and claiming one of the units will be my home to take advantage of a lower down-payment.
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25 July 2024 | 8 replies
Any pro tips you can share as far as vetting tenants or collecting rent?
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30 July 2024 | 3 replies
Quote from @Stephen Homes: She's violated the lease and damaged the property, so you can legally terminate it.
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31 July 2024 | 16 replies
I just find it so strange that I had 3 evictions out of the 3 homes I own.