John Buffet
33 Year Old First Time Home Buyer Needs HELP!
31 August 2021 | 19 replies
It's not money for nothing (and your chix) for free.You will have to spend time working at it.You should ask yourself--is doing the things I need to do to operate this rental business, and taking the financial risks I need to take the right thing for me.Also do you know enough (in your judgement) to be able to start in on this yet.For instance, do you know what a P-Trap is, what about bug control, do you know how to legally evict someone in your town, and do you have money set aside to do this and also to "Turn" the unit for the next customer/renter while still paying the mortgage?
Taniya Lovejoy
Debt to income ratio
1 September 2021 | 5 replies
These factors make business purpose rental lenders the Ideal choice for someone practicing BRRRR and looking to build and expand their portfolio.
JC Chavez
Finding comparables on multifamily properties
2 September 2021 | 6 replies
As for the value/price you offer I would think offering close to current NOI and cap rate would be the most ideal for you, but the seller might be influenced by the recent price/door in the area and just "expect" a similar price, although 25% of their units are vacant.
David New
How often to paint exterior of beach houses
2 September 2021 | 12 replies
Hi David,If it were mine, I'd call a local Sherwin-Williams store (as close to the beach as possible) and ask them what they think.Ask them if different brands of their paint perform differently in your environment/climate.Then ask them if that's just a guess or if they have a lot of customers in the time range.Keep in mind this will be for decent paint, not cheapy off brand stuff.Also, being a little more specific with the store people might help, because in some beach neighborhoods it's acceptable to let the homes go to very chalky and even peeling before painting, and in some they need to look new all the time or you will be odd man out with the dumpy house.If you are in a some sort of "Community" with a board, or rules, they might dictate how often you must repaint.Good Luck!
Christine Seeley
Ideas for Direction on Refi and Buy with Very Low Income
2 September 2021 | 5 replies
Ideally, I'd refi my current property, and use it for repairs, and down payment on the next property.
Mike Redondo
Question about physically visiting potential properties
15 September 2021 | 22 replies
The ideal first piece of the puzzle would be an agent who focuses on investors and has repeat OOS buyers.
Justine Veal
Greetings from Atl Georgia! Looking for Structural Engineer!
3 September 2021 | 3 replies
I’m certified in foundation work with helical piles and focus on finishing basements for customers from the retail world.
Allen Meringolo
Starting an Vacation Rental Management company
1 September 2021 | 4 replies
Do you do any tiers for service levels or customizations for certain clients?
Madeleine Matson
New to REI - Investing in the US while living in Canada?
3 September 2021 | 2 replies
Our ideal strategy would be going into short term rentals with Airbnb.
Anna Thane
Fix & Flip Land Investment
1 September 2021 | 1 reply
Cash invested: $3,000 Sale price: $260,000 I inherited 38 acres of beautiful land, complete with a rat-infested mobile home, custom built shop and about 1 acre of garbage, snakes and wasps.