Erika Young
Is North Minneapolis ever going to "happen"?
Hello all,I am just starting to look for deals in the Twin Cities area, and it seems that most buy and hold properties fall well below the 2% threshold in the Metro area and quite a bit beyond. (I will confess here: I...
Jonathan Newlin
Should I withhold from contributing to a 401K for now?
Hi all! I am just starting out in REI and am looking at every option of saving and building capital to invest. I am 25 and contributing around $100-$200 a pay period to my 401K. I have only begun contributions last ye...
Andrew Fowler
Paying Off Student Loans or Focus on REI?
Hi everyone,As a college student who is graduating this upcoming May, I have a lot of student loans. When I say "a lot," I'm talking 100k... Since my loans vary from 4-7% interest I am strongly considering consolidati...
Kevin Feng
Is it normal for property management to hold a minimum?
I use Crestcore in Memphis, TN. Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs. At least that's what they claim as the purpose. I am n...
Sarah Buchanan
Screening Tenants: Gross vs Net Income?
I have a married couple prospective tenants that look ideal; credit scores above 800, previous homeowners, etc. Rent is $2400/mo so I require $7200/mo income. Husband is currently unemployed (due to COVID) and wife m...
Dave Hall
Investing in Chico California
Hello Everyone,Noob here from NorCal. If you live in or near Chico, California, I'd love to visit with you for lunch. I'll buy. I'm looking to build a network of friends both online and locally so we can share and gro...
Lucas Moncada
Is it all about the money?
I have been searching for my first investment property and am now considering buying/holding and renting out. I live in Southern CA where cost of living is high as is real estate. So, I am considering buying out of st...
Davey Davanoski
Getting a property management firm or doing it yourself?
When you buy a multi family building for first time or when your decide to grow your portfolio with second, third and so on multi family building. How do you do property management? Do you do yourself, and if you do h...
Mike Sattem
I bought a negative cash flow property, and it's a good thing I did!
First off a few notes:1. My area would be considered remote by most (the closest town with over 15,000 people is 80 miles).2. My area is considered low income, as most folks work for less than $15 per hour at the Lumb...
Jeff S.
Have you House-Hacked? What was it like?
So I totally get the numbers. It is a fantastic deal, especially for a beginner. But beyond the numbers, I'm wondering what it's really like. What kind of people choose a duplex/triplex/fourplex over an apartment o...