21 May 2021 | 17 replies
House hacking would have a number of benefits in your situation such as:* The ability to pickup multiple units on one shot with a lower down payment* You will lower or even eliminate that $2100/mo rent you are currently paying * You will gain valuable experience in property management without having to do it at a distanceIf you are going to continue to rent for the next few years, its a no brainer.
28 May 2021 | 3 replies
I have several investors and I’m not sure I have the ability to move fast enough to utilize all of their purchasing power.
18 June 2021 | 14 replies
BRRRR is the most efficient way to start/grow a small portfolio, but impatience expressed financially is debt, so you can't be shy about racking up mortgages.Once you get going with BRRRR you will get to a point fairly rapidly where your personal income streams that exist now could not cover your debt service payments for your investment properties and how far past that point you are willing to go will determine your growth potential.
19 May 2021 | 3 replies
The growth in Texas is unreal.
19 May 2021 | 5 replies
@Reuel Li This will depend on your ability to find a lender or a private investor.
20 May 2021 | 10 replies
We may have jumped the gun on forming the LLC as we are just starting out and it sounds like we ought to level up as much as possible through personal loan rates and then purchase through commercial terms after our personal loan ability is maximized.Does that sound accurate?
19 May 2021 | 7 replies
You should be looking for a mentor that is light years ahead of you that can mentor you and accelerate your growth.
26 May 2021 | 41 replies
I would pass on it unless it was owner financed at 0-5% down, held in an llc, with no personal recourse on the loan, in a class A/B+ neighborhood in a city with 3%+ job growth.
21 May 2021 | 2 replies
A shortage of employees can produce a variety of negative effects, hindering the ability to grow and expand, or even to meet existing staffing needs.
19 May 2021 | 1 reply
Robust economic growth in the Austin area has created many thousands of jobs and will continue to do so for years to come.