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15 June 2024 | 30 replies
Hi Daniel,What I mean by "bad reputation comes from OOS investors wanting $20k D market properties":This comes from when you hear people talking (including people on the BP podcast sometimes) and they talk about "Detroit" they might say "that's a bad market to invest in" "tenants don't pay" etc...That bad reputation comes largely from inexperienced (often times OOS) investors being attracted to the number of houses for < $50k.
15 June 2024 | 4 replies
Buy property and hold onto it forever.If you listen to YouTube gurus that tell you to borrow money from other people, max out credit cards, or that you can buy 50 houses in one year, then you get what you deserve.
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15 June 2024 | 10 replies
If the other houses you own have no loans could you stack all their combined monthly rental income to pay off the remaining $120k mortgage before you retire?
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14 June 2024 | 7 replies
I don't believe you can buy a house in an LLC with a VA loan.
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14 June 2024 | 18 replies
Are you able to figure out how to house hack locally?
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15 June 2024 | 17 replies
ive watched some youtube videos of foreignors rehabbing old farm houses in Japan, just do a search for them.
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14 June 2024 | 4 replies
First, I'd recommend getting to know what different avenues you have such as wholesaling, buy and hold, developing, "house-hack", etc and seeing what you're comfortable with.
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14 June 2024 | 10 replies
I just listed a 3br house for rent.
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14 June 2024 | 16 replies
I wouldn't even pay that much for my own house.
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14 June 2024 | 8 replies
If you don't already own a primary residence, I highly recommend researching the investment strategy of house hacking.