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5 May 2024 | 2 replies
Hi all,I’ve been a long-term landlord for over a decade, then I started hosting my personal vacation rentals in 2021 and now have started hosting properties for others.
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5 May 2024 | 41 replies
Looking to connect with folks familiar with these areas or similar.Hi Jake, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.
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6 May 2024 | 9 replies
If you have difficulty showing income or have a high DTI ratio, DSCR loans are a great way to finance an investment property without having to show your personal income.
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2 May 2024 | 14 replies
To keep going, join local real estate groups, get a mentor who knows your chosen area, start with small deals or team up with those who know the ropes, and keep an open mind as what you like may change.
6 May 2024 | 12 replies
Personally, I keep my rent increases to 5-10% while not pushing them all the way up to market rent.
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6 May 2024 | 18 replies
Personally, I negotiate for better price/seller credits + put more money down to min 1:1 DSCR and keep it gucci.
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6 May 2024 | 37 replies
You may also want to ask them to cross-collateralize another property or give you a personal guarantee to further protect you.
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7 May 2024 | 34 replies
I do a lot of seller financing and personally keep track of it all myself but it can be a huge pain.
6 May 2024 | 13 replies
It also depends on your price point and budget. because this is going to be your personal residence, at this point, I would just keep aware of city news and developments, and neighborhood pockets.
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6 May 2024 | 15 replies
I suggest to make deep research about the location and risk or ask experts personally before take actions.