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14 December 2024 | 42 replies
If my husband and I were to start over again we would buy higher quality assets and not be focused on immediate cash flow and unit count like we were when we started this after exiting a fairly decent sized small business.
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11 December 2024 | 3 replies
This question is definitely very location dependent - licensing across state-lines is a tricky thing to navigate so depending on the size of the lender they may operate in one metropolis or all over the country.
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16 December 2024 | 13 replies
I'd like to know where the other really big markets are, because one size doesn't always fit all.
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14 December 2024 | 6 replies
Here are the common exceptions:Relocation for Work: If your job requires you to move a significant distance from your current property (usually over 50 miles), you may qualify for a second FHA loan near your new workplace.Increase in Family Size: If your household has grown, and your current property no longer meets your family’s needs, you may qualify for a second FHA loan to purchase a larger home.Co-Borrower Separation: If you co-signed on an FHA loan and are no longer living in the property (e.g., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
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8 December 2024 | 4 replies
@Alec JacobsI would use platforms like Zillow Rental Manager or Avail for rental management, for listings and tenant screening, and tools like Cozy or Buildium for rent collection.
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16 December 2024 | 8 replies
There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.
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12 December 2024 | 6 replies
I will be managing the property and have done a deep dive in all things real estate - screening, leases, Oregon tenant laws, etc.
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10 December 2024 | 2 replies
I agree with a strong property management plan, but I find the screening process is paramount.
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31 December 2024 | 418 replies
Somehow I don’t think this investment offering would have passed your syndicated investment “screen”.
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11 December 2024 | 25 replies
I can expand it if i desire, but it minimizes the size of the post.