11 March 2025 | 7 replies
Quote from @Frank Nguyen: Hi I have been helping my parents with communicating to their tenant about renewing a lease with a rent increase.
12 March 2025 | 18 replies
If they can cover your mortgage and you can slowly payoff a 350k property over time, that should give you a good equity position in no time.Plus, if rates get better that will always help. 30k-40k + Cash-out proceeds should put you in a great spot to snatch up a few of those 30-50k properties to fix up and scale.I wouldn't be upset, sounds like you are in a good spot.
11 March 2025 | 10 replies
Your in the right place, there's a wealth of knowledge here and members are always excited to dive in and help analyze your deals.
12 March 2025 | 14 replies
Hope this helps!
11 March 2025 | 1 reply
Offering referral incentives could also attract interest if you rather not pay a listing agent's commission fee.Investor Meetups & Events: Consider presenting your property at virtual or local real estate meetups, particularly those that focus on turnkey investments.Online Listing Platforms: Sites like Zillow, Roofstock, and Craigslist (targeting investor hubs) can expose your property to out of state buyers.Professional Photos & Financials: No matter the platform, strong visuals paired with clear financial data (rental income, expenses, etc.) will help busy investors see the value quickly.
13 March 2025 | 19 replies
This could help offset the utility issue since short-term rentals often include utilities in the price.
11 March 2025 | 13 replies
If you self manage, its not uncommon for a lawsuit for the manager to be named personally, so LLC would not help there.5.
10 March 2025 | 34 replies
If you ever need help running numbers, I built a financial model (example on my website) that I help investors all the time look at deals so just PM if you come across anything.
11 March 2025 | 5 replies
They do in-person meetups but also onsite walkthroughs, which are super helpful especially for beginning investors like you.