Jacob Chaney
Complete Rehab in DC: How many bids should I get
25 November 2013 | 9 replies
Ask for referrals for the people you need here.Consider attending the local landlord association meeting also a great source of support info and resources.
Billy Rogers
Why do so many investors choose to keep their day job?
25 November 2013 | 15 replies
Here are a few that come to mind:1) Investing alone doesn't support the lifestyle2) They invest for retirement, hobby, etc. but their day job gives them more fulfillment3) The day job funds the investing4) The money on the day job is just too much to give up for the amount of work and headache required to earn it5) The day job is a trade or it nurtures a skill that supports the investing6) The day job offers fringe benefits that investing alone can't offer or support7) The day job has a pension plan that gets significantly better if you stick around a few more years.
Jeremiah B.
Buy using leverage, or save-up, buy in cash and then refi?
13 September 2014 | 17 replies
When that happens, find a lawyer and a CPA familiar with that world and let them help you navigate the waters.As a strategy, high leverage can be a good thing when you are starting out, but once you reach critical mass, it becomes an albatross around your neck.If your planning shows you need the income from 40 sfh rentals to support you through retirement you want those paid for as soon as possible after purchase.With each paid for house you do two things, you improve your financial strength going into any future deal and you reduce the real risk you face when things don't go as planned.A couple of years ago, we had the start of a major real estate correction.
Luis Vega
New member in Northern VA
2 December 2013 | 5 replies
With a supportive wife, capital from my investments and some private lending, I'm getting into the flipping/rental game full-time.
Tara Brodersen
Better to buy multifamily rentals close to home?
1 January 2014 | 19 replies
THanks Mary B. for being supportive!
James Mudd
Anyone cut the cable bill…and use Hulu only... ?
27 November 2013 | 11 replies
I dropped my Dish down to basic, to about $30 a month from $90 a month and got a Roku for Netflix ($8 a month) and a bunch of free channels.
Steven J.
How do you interest a seller in seller financing?
28 November 2013 | 23 replies
You can also work on your reasons why the property supports such and such payments for negotiation purposes.
David Lee
Buy and hold or flip?
28 November 2013 | 3 replies
In my area, neighborhoods that make good rentals often do not support rehabbing and vice versa.
Manuel Gonzalez
the big boy's coming to town
27 November 2013 | 3 replies
If a true investor sees that much need for rentals in your area that they are willing to put in 100 units and manage them, then their research must support what they are investing.
Kim H.
What to Do with Small Three Bedroom Units
5 February 2014 | 37 replies
If growth is coming, I'd want to be in a position of strength ... cash flowing as much as possible without having rehabbed and in control of several acres on both sides of the main drag.If nothing is coming soon, and it supports it, then rehab may be in order.