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20 October 2024 | 8 replies
You can start learning the ropes of real estate investing and begin generating some cash flow.- With $50K to $60K, you can find a decent LTR property, but make sure to do thorough analysis on the property's potential for cash flow and appreciation.- LTR properties often have more stable income streams, but they might not offer the same level of cash flow as a well-managed STR.
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29 October 2024 | 6 replies
The plan for the property would be to rent it monthly while we are not there and use it at least once a year for ourselves.
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19 October 2024 | 6 replies
I’m fairly new to the self-managing/property management business and certainly new to dealing with section 8 tenants.I have a potential section 8 tenant who has inquired about one of my properties and they are in their opinion “disgusted” with the way the carpet looks however up until this point in my efforts of marketing the property I have not had one complaint concerning the carpet.That being said she has requested to rip out the carpet, in turn to replace the carpet with hardwood floors.
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29 October 2024 | 9 replies
We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.
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18 October 2024 | 2 replies
Hey everyone,I’ve been working in real estate for a little bit now, and like many of you, I’ve found that two big challenges keep coming up:Finding distressed or off-market properties before they get picked up by others.The time-consuming process of property analysis—especially when trying to figure out ROI, ARV, or repair costs quickly.I’m curious how you all are dealing with these issues.
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19 October 2024 | 7 replies
Those “gurus” aren’t the ones dealing with the headaches when a tenant stops paying or a property management company ghosts you.
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28 October 2024 | 17 replies
Not every property is a good investment, not every market is a good investment.
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21 October 2024 | 18 replies
I have both STR and LTR here, and my STR does as well as properties at the beach.
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28 October 2024 | 9 replies
Open to ideas on where to invest in first property.
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28 October 2024 | 7 replies
Would love to hear from the community on tips to get started and best locations to find my first property.