All Forum Posts by: Dustin Tucker

Depending on your rental rate, you might want to look at the DSCR rental loans, the advantage to getting a loan vs. selling, is 1 you don't pay taxes on the loan amount, 2. your property continues to cash flow, and appreciate. Also, we don construction loans, we can fund 60% of the land cost and 100% of the vertical construction, let me know if you are interested.

 Let me know if you have any more questions.

If I were you I would check the Days on market, and check the Trend for pricing Month over Month for sales and listings in the area.  Most places are buyer's markets. I would also call the listing agent to see if they are working on any offers, and if they have had any offers.

Hello Misael, I would do a thorough market research to verify that you can get the rent increase you want, you might find out that the market is oversaturated with rentals.

If you are trying to raise the rent $100/mo, 1 month of vacancy ruins your rent increase for the whole year.

I would list the property for lease 45 days before your tenant's lease expires, if you have your property priced right you should get some applicants before your lady moves out.

Hello Trevor,

Why do you give the tenants in units 2 and 3 the access to use your laundry facility?

Why wouldn't you just install 1 of these units in units 2 and 3, and they buy what you want for your personal use?

https://www.homedepot.com/p/Whirlpool-1-6-cu-ft-Electric-Sta...$1599 combo unit at Home Depot.

I would look for a local laundry facility and go talk to the owner, those guys can tell you what machines work and which ones don't.

Hello Devin,

How many of these properties are under contract? Will you be turning any of them into rental properties?

2nd liens are the best way to lose your money, are you lending personally, or are you working as a broker? 

Maybe I'm just new, but what is a MTR? Is it a mid term rental? I'm curious why you think that a Mid term rental is a good investing strategy?

To me the info is all outdated on most if not all of the CE courses, find the one that you can complete in the shortest amount of time, and get back to investing.

Hello Karina,

You should look into getting your Real Estate License, 

I think there are several advantages.

1. If you want to manage property for other people you need your real estate license.

2. If you are buying property for yourself, you get to keep the real estate commission.

3. If you are looking for properties, and find a good deal, you can sell it, and make a commission, and 2nd bonus is you make investor friends so when its time for you to invest you have partners.