Purchase price: $200,000 Cash invested: $80,000 one duplex owned, so far What made you interested in investing in this type of deal?

Purchase price: $200,000 Cash invested: $80,000 Duplex What made you interested in investing in this type of deal?

Hi Tyler,To network with tax professionals in the Rhode Island area who better understand your short-term rental (STR) business, I recommend starting with local real estate meetups.

@Bryan Melendez you're just one of thousands of investors that:1) Were chasing Class A rentals from 2012-2020, before their values exceeded their pre Great Recession highs and they wouldbnt casflow at purchase anymore.2) That started chasing Class B rentals in 2020-2022 because of #1 above.3) Started chasing Class C rentals in 2022 when Class B rental prices AND higher mortgage rates also got too high to cashflow at purchase.4) Are now chasing Section 8 tenants as the cure-all for Class C tenant performance issues, so their Class C properties ACTUALLY cashflow.

Hello, I’m currently looking at purchasing a single family home in Dekalb IL as a rental property.

Might be a little lower than a purchase, but you will still be paying lender fees, title fees, escrow fees and prepaid items. 

I took my first attempt at BRRR and bought a house (Kansas City) for 200k, which will be my new residency, so I could use less downpayment and needed a second bedroom anyway. After the appraisal, I had instant equity ...

I'd like to access this equity through a Home Equity Loan (HEL) and use it to make downpayment on another investment property purchase (12 unit bldg).I bought this 4-plex in my personal name with a conventional mortgage .

Brokers are hungry for your business, and are looking to add to their buyer lists.You can always buy real estate in any part of the market cycle, but you can’t always sell.

Location is one of the key components of owning real estate and given your location the trash may just be something you have to deal with.