Raven Ye Mahar
Realtors in Dallas Texas Area?
10 July 2024 | 2 replies
Raven,Reach out to @Lucia Rushton I have worked with her on multiple deals to help her buyers and she is an investor friendly agent and understands value and cash flow.
Roberto Falck
First rental property - market choice... do you agree?
6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.
Brad Tracy
Will adding Mother-in-law suite retain value
11 July 2024 | 12 replies
Like @Dan H. says, there's usually not a great deal of return on an ADU.
Arnold Caceres
Closing on primary residence then looking to invest!
10 July 2024 | 2 replies
My earned income will be going towards my own house and living expenses with little left over for investing out of pocket.How did you overcome the challenge of not having enough money for your first deal?
Gina Rocillo
Big Bear STR
9 July 2024 | 5 replies
Is this a deal breaker or maybe something I can use to my advantage when negotiating?
Kris Patel
How to Wholesale A House As An 18 Year Old, Already Have Contract Signed?
10 July 2024 | 10 replies
I know its my first time but I really want to be successful with my first wholesale deal, not only for myself but to show my parents that I can do it.Do you think there would be anyone looking to buy?
Jason Coleman
HELOC Lenders (Shred Method)
10 July 2024 | 12 replies
If he files a transfer deed to the Land Trust or if he "sells it" then property taxes increase, the change in hazard insurance becomes a tangle.I wouldn't give authority to a bank person to collect rents, file evictions, deal with repairs... there are set up costs and on-going management costs.
Matthew Francese
Agent Outreach Program
9 July 2024 | 4 replies
I know some do SMS and email blasts but what have you found successful to get realtors' attention to send you deals?
Joe Nguyen
Investing in Tampa, Clearwater and St. Pete areas in FL?
10 July 2024 | 11 replies
The best areas where you can still find deals.
Matteo Girlando
Do you need to have any REO to apply for a DSCR Loan?
9 July 2024 | 22 replies
Have you done any deals lending in the Ohio or Pennsylvania markets?