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I own a 3 bed/2 bath condo in Myrtle Beach and I’m using it as a vacation rental and it is doing very well. The unit next to me has recently gone on the market and it is laid out exactly the same and priced similarly ...
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Hi, I was approached by a friend with an opportunity to invest. His plan is to get a loan from me (promissory note) and then use the loan as the down payment from the bank. After talking to an attorney, he explained f...
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Hey all - I bought a property in Austin, TX in 2019. Since purchase, I've gained ~$200K in appreciation and it currently cash flows for ~$450. I want to expand my portfolio and buy 2-3 properties over the next couple ...
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Can we still find real estate with positive cash flow in Austin these days?
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Hello everyone,I am currently in the market for a DSCR loan and would greatly appreciate any recommendations or insights you might have. If you've had a positive experience with a particular DSCR lender or have heard ...
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Greetings Fellow REIs,I took the plunge into REI approximately three months ago and have been immersing myself in learning ever since. While I have some liquid cash on hand to kickstart my journey, I'm keen on optimiz...
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Hey BP,I'm in the market to purchase my first Short Term Rental. I live in Orlando and want to invest locally. I have $75K to invest and pre-approved for $325K purchase. I've done quite a bit of research but realizing...
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Tenant Cloud - What payments do you accept?Looks like there are 3 options - TC Payments, Paypal, Credit card. Should I accept all 3 or or just TC payments which looks like no fees?
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First and foremost I am not saying that going FHA is a bad idea. In truth, the ability that a FHA loan provides to leverage properties for first time homebuyers is pretty incredible. However, this a warning for people...
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My husband and I are both 31 years old, live in Chicago and are interested in getting started with real estate investing. Unfortunately, this was more of a recent discovery and we are just one year into our 30-year mo...