
4 July 2024 | 14 replies
In terms of advice, it seems like you have a solid plan of what you're looking for so I'm not sure what else I can add other than I think it's a great idea.

6 July 2024 | 10 replies
Sorry to hear about your situation, depending on the lease if you have in there where they cover expenses caused by negligence. defiantly bill them. also curious, is the water heater tankless?

6 July 2024 | 11 replies
If you do, then go for it, but conduct your due diligence thoroughly, you don't want to get stuck in a flip that you can't afford to rehab, because of bad planning.

3 July 2024 | 0 replies
Like seeing growth!

8 July 2024 | 42 replies
But, that is merely to identify people that view it as an investment and not an expense.

5 July 2024 | 2 replies
Also purchased with a 0% down VA loan, I plan to rent it out when I receive my next set of orders in two years.

5 July 2024 | 2 replies
As with any project, it's just important to have plans and backup plans so that you can be successful, no matter what the market happens to be doing.

6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

5 July 2024 | 4 replies
Which such a large expense, does the tenant still responsible for the repair as part of the maintenance cost under triple net lease or is this consider as catastrophe/crisis and it would fall under the landlord responsibility?
5 July 2024 | 5 replies
If your cash flow can't cover property expenses and/or you have difficulty keeping a tenant there for long, are you comfortable taking on the monthly payments with the car loan?