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9 February 2025 | 32 replies
If a closet is a necessity for it to be a bedroom , then I own 2 houses with no bedrooms .
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1 February 2025 | 23 replies
Ok, then know when in over your head and tap-out!
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2 February 2025 | 9 replies
Further context, I have zero debt, high 700s credit score, one other investment property here locally. 175k in cash available, looking to do DSCR loans or cash and then refinance.Peoria, Illinois- Great need for lower income housing, market appears to have many options.Lawton, Oklahoma- Looking only at extremely cheap properties, as it seems it’s not terribly hard to find renters.
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4 February 2025 | 4 replies
I also know I can look at ways of borrowing against that equity (HELOC for example) but I also just feel like if I take debt on that property the cashflow goes down, and then if the association also takes the loan it goes down more, and at that point I don't know why it would be a better option than selling before August.
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10 February 2025 | 3 replies
Goal would be to acquire 20 rentals by the age of retirement, with some already starting to be paid off.I am in the same boat as you, and I focus on safe appreciation all day (small cash flow for safety and then focused on markets on that appreciate).
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10 February 2025 | 10 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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24 February 2025 | 1 reply
Then after point 3, you say "If Trump wins".
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3 February 2025 | 9 replies
Find local meetups, rub elbows with other investors, find out what they need, and then find a way to meet that need.For example, maybe an investor is growing fast and struggling to keep up with inspections.
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7 February 2025 | 6 replies
While I didn't get into my first deal then, I have not been able to get rid of the interest in investment properties.
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11 February 2025 | 13 replies
When an investor gets over 4-5 in a market then we normally talk about diversifying into a different market.