5 March 2024 | 26 replies
Thanks,Sarah G'Day Sarah,Congrats on the leap of faith into the wonderful world of real estate investing.Best tip I could give you would be to take your time and soak up as much information on anything and everything real estate.Be it buying locally or out of state, the most important thing is to establish trust and relationships with key people dependent on the strategy you are looking at implementing.Over my career I have witnessed countless of investors getting caught up in online market stats, demographics, charts, etc... only to end up loosing money.As cliche as it mind sound but "Team-work makes the dream work"For example, if you buy the best house, in the best area, on the best street with the best capital growth prospects but your property manager is incompetent or a cheat.
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4 March 2024 | 3 replies
For paid softwares, it depends on the scale of your investments.
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4 March 2024 | 1 reply
Hey guys, I know most of the time it’s important to buy in a landlord friendly state so this way you’re protected in case of an eviction & it’s in favor for you, the investor.My whole strategy has been to have tenants that have vouchers to section 8 bc of payments being guaranteed depending if tenant needs a lot of assistance.My only issue is that I am in a tenant friendly state here in NJ.
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4 March 2024 | 14 replies
Agents can be a godsend or a headache, depending on the day!
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5 March 2024 | 12 replies
We have spent about $500-$800 on attorney costs at closings depending on the complexity.
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4 March 2024 | 5 replies
For conventional, depending on how many points you might end up paying, you'll be in the 7's, up to 8%.
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4 March 2024 | 29 replies
It depends on what you want and how fast you want it.
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4 March 2024 | 7 replies
Really depends on your market and what your comps are selling with.
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5 March 2024 | 28 replies
This all depends on your risk tolerance.