Jesse Edwards
Considered 1 bedroom?
20 March 2024 | 12 replies
But we had to submit plans with it labeled as an office, because my jurisdiction requires bedrooms to be 150 sq ft, and my office (due to moving a wall) is 135 sq ft.More importantly, I think this layout would turn off a lot of people.
Dana Powell
Recommendation of lenders who use leases vs market rent for DSCR
20 March 2024 | 15 replies
Some DSCR Lenders have now moved to better accommodate this - taking 120% or 125% of in-place rent in situations like these
Benjamin Carver
3 Raleigh NC Suburbs Where Owning is Cheaper Than Rent
19 March 2024 | 7 replies
You can find super affordable homes here below the median home price that beat average rent in these areas.2) If you factor in principal paydown, aka the amount of each monthly mortgage payment that goes back to you in the form of equity, AND the opportunity for appreciation, as Raleigh is expected to grow substantially over the next few years thanks to big corporations and swarms of people moving into the area.... you'll find that the math works our quite favorably for owning a home versus renting.3) When you factor in rate incentives with new construction homes in these areas may be even cheaper.
Steven Barr
How many hard money loans can I take out at once?
19 March 2024 | 26 replies
Just the next few years to take all the profits and dump them into cashflowing single family rentalsThen I would likely move into raising money for Multifamily
Kevin Lynch
BRRRR Long Island
20 March 2024 | 6 replies
I moved to Ohio and now work as an agent and a new investor in the Cleveland market.Single families are in the 90-120k price range, and duplexes are in the 120-180k price range.Many out-of-state investors have grown their portfolios in Cleveland using the BRRR strategy.
Arman Tannu
First Steps in Wholesaling and Flipping
19 March 2024 | 9 replies
I want to begin with wholesaling, potentially move to flips but my ultimate goal is to BRRR.
Dan Stelter
Where to start for an introvert with no/little money?
20 March 2024 | 11 replies
I am also a natural introvert, but have learned that putting myself out there and getting uncomfortable is a skill.My biggest suggestion would be to go to as many local in-person meetups as possible and find the people who are "moving and shaking" to become friends with them.
Lauren Ruppert
Legal actions against fake "contractor"....
19 March 2024 | 0 replies
Needless to say, two weeks later when the tenants move in, the tub isn't draining.
Engelo Rumora
FTX Disaster! What Next?
19 March 2024 | 12 replies
Built up a large position in a variety of tokens since 2017.As I traded, moved from one exchange to another and settled on FTX for the time being.Was 1 day late in being able to process the withdrawal.You win some, you loose some I guess.Would have preferred tokens going to ZERO than loosing the game in such a way.Any of you crypto folks believe in potential asset recovery?
Adam Eckhoff
how would YOU invest $100k?
19 March 2024 | 12 replies
After your year is up then move out of the 4plex and do it again. not sure if that's logically or not ORbuy a wholesale with an ARV of $200K or more and flip it.