You can always revisit that once you’ve got more rentals.On the updates—roof, HVAC, solar, etc.

Run your own numbers to confirm the deal truly makes sense, and keep your lender updated so they see you as dependable.

The foundation needs raising, the electrical breaker box needs updating, we are adding a bathroom, so it will be a 3 bed 2 bathroom once all is said and done.

My husband and I are both busy and not looking to have to help the tenant in unit a navigate her move and then schedule a fresh coat of paint and possibly update the carpets and all the little things that need to happen for listing.

Quote from @Neha Mulkar: Hi BP Community,I wanted to share an update on our real estate journey and hopefully get some feedback or ideas.Here’s the situation:I currently have $30,000 available for a down payment and closing costs.My daughter is a junior at Georgia Tech, and we pay $6,000 per semester toward her expenses (around $12,000/year).We’ve been thinking hard about how to combine supporting her education with starting our real estate investment journey.Plan:We’re now looking to purchase a 4-bedroom apartment or townhouse in Westside Atlanta (30318 area).

At a very minimum the owners have to update their loan payment information (we set up new auto payment and update our records on the loan owner).  

Give updates on properties you’ve looked at or analyzed to keep your audience engaged, so when they stumble upon a potential situation, you are the first one they think of.Good luck!

My primary strategy is long-term rentals, though I am open to testing short-term rental potential with one unit if the right property allows.I’m interested in off-market opportunities or deals that are below market value, ideally with minimal rehab (cosmetic updates are fine).

My primary strategy is long-term rentals, though I am open to testing short-term rental potential with one unit if the right property allows.I’m interested in off-market opportunities or deals that are below market value, ideally with minimal rehab (cosmetic updates are fine).

A lot of long-time hosts are seeing the same drop since the summer update.