Allen Moore
Section 8 - Pros & Cons
I am thinking that providing section 8 housing may be a more affordable and recession proof way to get started in real estate for rental income. There is more inventory for single family homes than multi and I've done...
Jacoby Atako
Can I convert a regular tenant to section 8?
So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...
CJ M.
Gutsiest thing you did starting out in REI?
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
Mark Alexander
MARKET CRASH - Thoughts?
Let me start off by saying that I am no means making an excuse to not invest in real estate. I am actually looking to make my first purchase (house-hacking) within the year. Here is what triggers me though:My full-tim...
Jason Guenther
My financial situation... what to do..?
I currently owe $157,000 on my house. $55,000 in various loans,etc. I have $150,000 in a 403(b). Will be out of debt in May-June 2025 (the $55,000). My available income for investing will be around $30-$40k a year jus...
Matthew S.
Advice on my father's turnkeys in Memphis, Dallas, and Philly
Hi All,I'm a 30-year old man with two rental properties in the Washington, DC area.As of last year, I've also started helping my father, also based in DC, make real estate investments. He is 60, had about $400,000 of ...
April C.
Multi family education program: a scam/MLM?
I attended a weekend training program offered by a multi family investment club and found that at least 2/3 of their training was about selling their courses and advertising for their sponsors/partner companies. The f...
Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Account Closed
We listed for $1900, lots of interest; how do we get $2k?
This is for a SFH rental. We listed for $1900 and have many parties (6-7) trying to get it, with 2-3 very strongly trying to lock it down.How do we propose a higher rent when we have multiple parties trying to "lock i...
Account Closed
Do nicer finishes decrease turn over rate?
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....