Daniel Maltsev
Financing without a Mortgage
15 February 2024 | 5 replies
Now are there deals you can find, absolutely - but gone are the days of just finding any home on MLS, renting it and making money on it through rent or appreciation.Hello Chris, thanks for your response.
Jacob Zivanovich
Should I Tell the Roommate that I'm the Landlord?
15 February 2024 | 29 replies
This answer relates to Derek's in that different property types require different responses.
Steve S.
How does this price sound for pest control? $500
14 February 2024 | 10 replies
This should be a tenant responsibility.
Calvin Turchin
New Agent focusing on investment real estate
15 February 2024 | 2 replies
I appreciate the response, and you know it man, consistency, consistency, consistency for sure.
Joshua Rowan
Hello from San Antonio!
15 February 2024 | 10 replies
Thank you all for your warm response and actionable advice!
Kate L.
4 years in and still having a hard time with this one
15 February 2024 | 8 replies
It's a very easy and quick form to complete and if they can't find their EIN number, then you don't want to work with them anyway.
Brandon Blevins
Property Manager Help
15 February 2024 | 2 replies
If they are professional, they can explain this quickly and easily.
Hayden Clark
Method to get started?
15 February 2024 | 6 replies
Here's a breakdown of your options:Option 1: Buy a Duplex and House Hack:Pros:Opportunity to build equity through property ownership.Potential for rental income to offset living expenses.Experience in real estate investing and property management.Cons:Market conditions may make it challenging to find a duplex with positive cash flow.Limited flexibility if you decide to move or expand your real estate portfolio.Option 2: Buy a Single Family Home with Airbnb Potential:Pros:Potential for property value appreciation through renovations.Airbnb income could help offset mortgage costs, especially during the summer.Greater flexibility in terms of future use (long-term rental or full-time Airbnb).Cons:Airbnb regulations and demand can vary, requiring thorough research.The seasonality of Airbnb income might not provide consistent cash flow.The initial cost of renovations and potential difficulties in property management.Option 3: Rent an Apartment and Wait:Pros:Flexibility to wait for more favorable market conditions.The ability to save money for a larger down payment or other investments.No direct responsibility for property maintenance.Cons:Potentially missing out on current low-interest rates.Renting doesn't build equity, and rent prices may increase over time.Additional Considerations:Market Conditions: Keep an eye on the local real estate market trends.
Jonathan Small
How to mentor new investors?
13 February 2024 | 2 replies
Mentoring can be incredibly rewarding, but it's a responsibility.