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27 July 2024 | 4 replies
We plan to invest in real estate and use rental income as our business’s income stream.
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30 July 2024 | 8 replies
My investment property is in upstate NY and I live out of state and am managing myself (via my brother that lives in town), not a house hack, long term rental on both sides.
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30 July 2024 | 1 reply
Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible
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1 August 2024 | 12 replies
I'm looking to get into the medium-term rental space and I've found a property that fits all my criteria - it's a turn-key 3 bed 1 bath (one bedroom is on the smaller side so I plan to make this more of an office space), located just a 5 minute walk to the largest hospital in the area.I have 2 bedrooms and I was wondering if it's possible/viable to rent out my unit by the room to travel nurses?
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30 July 2024 | 8 replies
Hi Everyone,I have been running evaluations on properties trying to figure out what I want to do in the rental property world, and I have decided to try and go into buying bigger multifamily properties.
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30 July 2024 | 3 replies
Have a couple of small rental properties in Montgomery County where I grew up.
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30 July 2024 | 6 replies
Looking through the numbers and data, the "missing piece" seems to be migrating to more direct bookings and weekday rentals.
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30 July 2024 | 8 replies
Following that we moved out and turned it into a short-term vacation rental around April 2021 and the last year before we sold the house in December 2022, we leased it out as a long-term rental for 1-year.
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30 July 2024 | 9 replies
Realtors don't typically like to do rentals under the $2k price point due to how little money they will actually make on the sale.
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30 July 2024 | 5 replies
This was before i wanted to be a rental property owner, and was intended for me to live in.