Dan Beit-Or @SimplyDoIt

Real estate investment expert. Assisting individuals with accomplishing financial goals since 2004. Create & keep wealth. #realestate https://t.co/hPYmzptZEf simplydoit.net Silicon Valley, ca Joined August 2008

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Dan Beit-Or @SimplyDoIt

22 hours ago

Myth: low school ratings = a bad rental area. Most metro Atlanta schools score low on national rankings. It's also one of the largest, fastest-growing metros in the US. Judge the rental demand, not one number on a listing site.

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Dan Beit-Or @SimplyDoIt

2 days ago

Marry the house. Date the rate.

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Dan Beit-Or @SimplyDoIt

3 days ago

Rental owners: when did you last read your property manager's monthly statement line by line? Even small charges are worth a question. And showing your PM that you read them changes how they manage your property.

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Dan Beit-Or @SimplyDoIt

4 days ago

Investor went under contract. Inspection came back, he terminated. The seller dropped the price. Same investor went back under contract on better terms than the first time. Walking away is a negotiation tool, not a failure.

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Dan Beit-Or @SimplyDoIt

6 days ago

Some property managers charge tenants fee after fee. Owners think it's not their money. It is. Heavy move-in fees scare off good applicants, and you pay for it in longer vacancy.

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Dan Beit-Or @SimplyDoIt

7 days ago

Sell one $400k rental (rent $2,200) and 1031 into: A) one $400k house at $2,700/mo = $675 rent per $100k B) two $250k houses at $3,300/mo = $660 per $100k Returns nearly identical. The real choice: one property or two to manage, and flexibility to sell later.

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Dan Beit-Or @SimplyDoIt

a week ago

Myth: you need 20-25% down for an investment property. Some programs still allow qualified buyers 5% down. A recent client put in ~$50-55k total, renovation included, on a home projected to be worth ~$320k after the work.

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Dan Beit-Or @SimplyDoIt

a week ago

A rental rarely fails all at once. It drifts. Insurance falls behind the value, rent falls behind the market, a small repair waits a year and becomes a big one.

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Dan Beit-Or @SimplyDoIt

a week ago

What's stopping you from buying your next rental? Rates? Down payment? A bad property manager experience? Can't find good deals? Reply with yours.

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Dan Beit-Or @SimplyDoIt

2 weeks ago

A bank listed a fixer strictly "as-is." After inspection we asked for $20k off anyway. We got it. "As-is" usually means "as-is-less." Inspection findings are leverage, whatever the listing says.

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Dan Beit-Or @SimplyDoIt

2 weeks ago

A property manager's vendor quoted $5,000 to replace a garage door and wouldn't share a breakdown. The owner found a top-rated installer: $2,750. In-house vendors cost a premium. Fine on a $300 repair. On big-ticket items, always get a second quote.

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Dan Beit-Or @SimplyDoIt

2 weeks ago

Same house, two choices: A) 30% down: $120k in, break-even. B) Assume the 5.75% loan, put 10% down: $60k in, -$250/mo, $10k kept as reserve. Most people pick A. I'd pick B: half the cash tied up, and the reserve covers the gap for years.

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Dan Beit-Or @SimplyDoIt

2 weeks ago

Myth: a rental with negative cash flow is a bad deal. I've watched -$250/mo deals build more wealth than break-even ones. Cash flow is one number. Equity, loan paydown and how much cash you tied up are the others. Don't chase cash flow. Chase net worth.