Drew Hantla
Residential Rehab and/or Flipping in Greater Wichita, Kansas
18 December 2024 | 2 replies
To do so, I need an initial team who can cover the following aspects of these projects:- Wholesaler- Contractor (Inspection oriented)- Equity Partners (Project Incentives)Once the deals are in place, the financing support will be through personal capital for upfront costs, with the intention to raise private capital and include hard-money lenders as-needed.
Alex Collins
First REI Prospect!!!
8 December 2024 | 8 replies
Can you rent it and get your PITI covered all in with the rehab and have some cash flow?
Devin James
Always Have Multiple Exit Strategies
17 December 2024 | 0 replies
When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.
Richard Schubert
Stabilizing a “C” neighborhood SFR: Curious how long for others.
16 December 2024 | 4 replies
It had some deferred maintenance and I put a new roof on and fixed a few things.
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
A lot of section 8 renters go straight to their case workers with issues like this and it becomes a lot bigger deal than it needs to be.Just do the treatment, cover up the holes, and move on.
Alan Asriants
Rent by the room? Is it a good idea?
26 December 2024 | 9 replies
Covering a significant portion of my mortgage has been a great reward.Solution: My four levels of vetting have helped me find quality room-renters over the last 18 months.I think you already have the answers to your situation.
Andre Bertoncin
Buying my first home Denver. $100k saved
24 December 2024 | 9 replies
Home was nice 4 Bed 3Bth under $550K with a decent size lot/yard and it only required 5% down as a New primary.Now I am not sure how big of a home you need but as you can see $100K covers much more in a scenario like that one above.
Kristi Pratt
Thoughts on Rental with Rising HOA?
18 December 2024 | 2 replies
Florida did just have back to back hurricanes but a proper master insurance policy and coverage usually covers that type or perilYou are facing a declining cash flow situation which is due to the HOA fee's so while there is still a profit and you have equity sell and look for a 2-4 units.
Stephen G.
How would you rate my duplex purchase from 2019?
19 December 2024 | 4 replies
The income isn't covering the costs (maintenance, capex) and you've only gained 15% appreciation in the three strongest years we've seen in a long time.
Phil Johnson
Taking the next step
19 December 2024 | 5 replies
Actually, a friend once mentioned a unit in Eugene that had to be re-leased after a nasty storm tore off part of the roof.. it’s gritty, hands-on stuff like that which rounds out your perspective.At the end of the day, you don’t need a flawless blueprint to get started.