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1 January 2025 | 4 replies
(Due to some financial issues with him in the past, I'm not willing to cosign for him) Would a rental agreement with the roommates suffice?
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13 January 2025 | 45 replies
@Sebastien Tinsley Just copy & pasting this from thread I replied to for another young person looking to startWith little experience, it's better that you invest locally vs OOS - unless you want to invest a LOT of time learning another market and networking with th right people.Locally, look for a 2-4 unit property that will qualify for FHA 203(k) financing.- This will allow low down payment and the 203(k) allows repairs to be financed into the purchase mortgage.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.
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24 December 2024 | 25 replies
I looked into the town of Catskill itself and what stumped me was the requirement for the host to be available within 30 min by automobile while occupied.
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29 December 2024 | 5 replies
I am desperate to get this tenant out of the property and collect all past due rent.
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10 January 2025 | 12 replies
Haha, but you know what they say - past performance is no guarantee of future results.
31 December 2024 | 2 replies
Past performance is no indication of future results.
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30 December 2024 | 12 replies
You cut and paste your realtor emails into a post here.These are so obvious.
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5 January 2025 | 12 replies
As you're very aware, appreciation here locally has skyrocketed in the past ~4 years.
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6 January 2025 | 15 replies
In the past I would often show investors 1-2-3 properties without a buyer's rep agreement as we got to know each other.
31 December 2024 | 1 reply
Wondering what we can do here to get past this.