Brendan M Brown
Starting out; Disgruntled
5 March 2024 | 70 replies
You can always do REI on the side before making it your primary source of income.
Bubba McCants
Potential Real Estate Investments
5 March 2024 | 5 replies
We buy, fix, flip and manage and leave no stone unturned when looking for deals.We negotiate hard, buy with cash and close quickly.Gotta buy cheap in order to make margin but still deliver a turnkey property to investor at fair market value.I've always believed in "making money when you buy and not when you sell".So it's important to buy cheap.A strategy that I always tell all of our buyers when investing is to always "underestimate income and overestimate expenses".If you think it won't happen to you, it will and you can't go wrong including a margin of safety when predicting expenses.I hope that helps 👍
Lars Bruinink
Class A & B areas
6 March 2024 | 12 replies
All of those are rather strong areas with a lot of pent-up demand for rentals and a strong average household income to make higher-end properties pencil.
Jade Armstrong
Starting Young! Any help?
5 March 2024 | 6 replies
If you want to get into real estate, it might make sense to get your real estate agent license or some other license that gives you credentials when you graduate as a baseline of knowledge and potential income.
Edlyn Gonzales
Tenant screening requirements question
5 March 2024 | 4 replies
Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score.
Bryan Keller
Should I Buy Right Now?
7 March 2024 | 30 replies
Hey Bryan, A lot really plays into the valuation and listing prices for properties: bed/bath count plays into it for sure, but also appraised condition, neighborhood location, neighborhood class, expected rental income, etc.
Les Z.
looking to buy rental property in any state - 100k down, traditional financing
5 March 2024 | 28 replies
There are some other options out there that may be better for your goals, especially if you want to reduce liability through borrowing within an LLC or keep conventional options open for buying personal residences in the future.
William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
5 March 2024 | 34 replies
The numbers showed that option 2 closes the performance gap as I approached my target retirement age (65+) and exceeded it in retirement.My calculation does not factor in equity appreciation - just compounding of present value.I like the fact that option 2 gives me income while waiting for retirement.
Alejandro Ferrer
Landlord pays gas and Tenant abuses
4 March 2024 | 17 replies
Another suggestion is for you to shop for a natural gas provider to reduce your costs.
Gil Erez
Any opinions about vestright, Cody Bjugan’s 15-18k course?
5 March 2024 | 27 replies
There is no way you are going to make a 6 figure income (let alone a 7 figure income) working only 10 hours a week from anywhere in the world.4.