Carson Hyland
New Investor -- Tips Needed!!!
1 February 2025 | 1 reply
Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
You mentioned W-2 income as part of a way to save on taxes.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
Abe Linc
Rental mortgage in retirement
22 January 2025 | 4 replies
Rental gives $500 monthly income from $2,000 rent.
Katryna Wood
Where to find a private lender for a primary residence?
18 February 2025 | 17 replies
Why not just save for the downpayment and work on increasing income to qualify for a traditional loan?
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
I’d hate to see you walk away from that high an income and regret it.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.
Torrean Edwards
Stepping out on faith, but looking for support/advice
12 February 2025 | 20 replies
If they are adjusting the amount they can lend because the margins are too thin or telling you the deal metrics are not checking out it is likely due to the expected earnings not being sufficient.
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3.
Max Yuan
Too many off-market leads for me to actually execute on
21 February 2025 | 14 replies
You could also use a listing-only service from a brokerage where you'd pay them $200-$300 to list it on the MLS, and you/your team would take all incoming calls from interested buyers, but it's a bit slimy since the seller may see it listed on the market when you appeared to be buying it.That would be the maximum value-capture of your off-market lead machine.