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20 February 2018 | 8 replies
I know Eagle rock is the place to be, but also the other one also pays for itself.Eagle rock has a long way to cover its own expenses as the other 2 tenants pay so low rents and does not seem like they will be going anywhere any time soon, so I am not sure if I invest in the Eagle Rock property and carry a large negative for at least next 10 years or go with the Bread and Butter property and stay in a not so good neighborhood.What do you guys think, a better neighborhood or an easier investment in a not so good area?
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21 February 2018 | 8 replies
@Shanae Williams have a game plan for your rehab timeline and exit strategy and follow it strictly.A lot of people buy their first house as an "eventual investment property," get comfortable, end up staying there for years and never make it a rental property like they initially intended.Great idea if executed properly.
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26 February 2018 | 12 replies
Depending on which unit brings in less rent - where you are staying currently vs the 4plex - I would move in to the lesser of the two as a house hack.
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20 February 2018 | 11 replies
Let the tenants know you want them to stay, because as a business owner, you should want them to stay, regardless of what you think of them personally.
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24 February 2018 | 4 replies
I've been investing in the Southside of Hampton roads for 8 yrs now and specifically stay focused on Va Beach, Chesapeake, Portsmouth and Norfolk.
20 February 2018 | 6 replies
Also investing in another property probably would consist of me staying at my current job or working for someone else for the next several years which I’m desperately trying to get out of.
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1 March 2018 | 24 replies
Our goal is to stay within a price range where we can put 50-60k down and make a 10% return on our investment.
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26 March 2018 | 15 replies
But, do I need to stay in a job for more than a year each time I want to invest?
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20 February 2018 | 3 replies
But the 2 year rule (assuming we stay for that long or longer) would override that.
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26 May 2018 | 24 replies
@Russell Brazil I agree that the market couldn't likely support many different cloud brokerages, I'm sure like any startup they barely stayed alive with the first few hundred agents.