16 January 2020 | 14 replies
The sponsors that some of us invest with analyze 100 to buy 1...and then we analyze 25-50 to invest in 1; so we are attempting to select the best of the best.Pivoting with the market is difficult for us part-time investor as it requires transacting and resources.
13 January 2020 | 4 replies
@Ryan Bonheyo as most have mentioned, having multiple mortgages will not have a big effect on your scores.
21 January 2020 | 5 replies
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15 January 2020 | 6 replies
I’ve been driving for dollars and I located properties that have the potential to be deals. I’ve thought about googling GCs and offering them a small incentive ($50-$100) to offer me a ballpark figure that I’d be abl...
14 January 2020 | 2 replies
That's how we originally started looking at investments but as we got into it more, we made a goal of how much cash flow we wanted long term and then made a spreadsheet to calculate how many months it would take to get there, changing different factors like down payment amounts, cash flow, etc. to see the effects on the timeline.
14 January 2020 | 2 replies
Market effectively, price correctly, vet prospective tenant/buyers, and you should be fine.
16 January 2020 | 2 replies
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14 January 2020 | 9 replies
As you get better selecting tenants, that will slowly drop.
14 January 2020 | 7 replies
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16 January 2020 | 6 replies
I think the person who suggested you consult an attorney is right although there is nothing they can do for you now other than advise you what you can and can’t do for the duration of the agreement’s effective period.