Greg Powell
Is it time to star this venture?
13 October 2020 | 0 replies
-what an appropriate amount Of initial cash looks like As I’m likely in the same spot of many other folks new to this, I’m trying not to overthink things.
Wes Rice
Turn Rental into Primary Residence for the HELOC?
28 October 2020 | 6 replies
Update: After the initial post I was able to do so more research online and through the forums (where there were endless posts on the subject).
Sam Marks
Tenant hired maid service, didn't pay, now they want to sue me
14 October 2020 | 10 replies
I called the cleaning company and they said all services to the house go to the property owner of the house and that they were going to take me to court for a service my tenant initiated and I knew nothing about.
John James
Seeking options to refi to remove co-borrower
13 October 2020 | 2 replies
That's why i needed my sisters help initially.
Nathan Gesner
AirBnB mandates new COVID safety measures
14 October 2020 | 12 replies
I think the point @Nathan G. was making initially was about the intrusion of our "partner" in STR into our lane of business (correct me if I got that wrong, Nathan).
Brandon Ribeiro
Potential Partnership Structure
4 November 2020 | 20 replies
offer him a preferred interest payment for using his money.......on the net....then split it 50/50.so if he put up 100K.....you net 100K....lets say you offered him 10% on his money......after his initial investment was given....he would be owed 10K out of that 100k Net.....then it would leave 90K.....yaw would then split the 90k 50/50.......so in the end he would have 55k.....and you would have 45k.......because you offered him 10% interest on his money
Victoria Hill
Rookie at Real Estate
15 October 2020 | 43 replies
I can say I have already achieved my initial number in three years, and unlike other investments this number will always stay same or go higher.
Hannah Spanke
Newbie REI looking to shadow experienced REI in SD!
14 October 2020 | 10 replies
SD market is tough for cash flow, at least when you initially purchase the home.Your best bet is a live in flip / house hack, meaning you buy a house in need of some love in a nice neighborhood at a discount, fix it up and then house hack.
Manuel Lomeli
Fix a fixer upper or house-hack?
16 October 2020 | 2 replies
At such a low purchase price you'd likely be able to refi a good amount of your initial investment out of the property and start cash flowing as long as you find tenants.
Janesly Lafortune
Help Analyzing a deal
25 October 2020 | 9 replies
I appreciate the 1% rule of thumb for analyzing the BRRRR method. which was my ultimate goal initially.