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5 September 2024 | 7 replies
The Sellers Agent said the Seller would fix the issues after the closing date and that we would be able to choose all the contractors.
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13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
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5 September 2024 | 0 replies
I moved to the US in Oct 2018, 1 month after renting it out., but my plan was to keep adding 1/2 single family's a year.
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9 September 2024 | 4 replies
Recently, my husband and I sold our home in TX with one objective - to kick off our real estate investment journey.
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9 September 2024 | 12 replies
Dillian,First off congrats on your journey into real estate, and no better way to get started than a house hack.
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9 September 2024 | 46 replies
Regrettably, I've filled out that form many years ago and ultimately decided that's not what I want to do with my life just 30 seconds after filling it out.
12 September 2024 | 9 replies
If I allow them, they must own real estate and have impeccable credit.
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9 September 2024 | 6 replies
I have a question about the Buyer Agreement Form between a buyer (me) and a real estate agent.
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8 September 2024 | 1 reply
I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan.
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8 September 2024 | 0 replies
Hello Everyone - I am a realtor, appraiser, now mortgage broker in Canada and I also own an investment property. In Canada, especially Ontario and BC many investors are leaving for more landlord friendly locations. I ...