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7 October 2024 | 34 replies
That means increasingly better cash flow.I expect Detroit prices to 2x in the next 5+ years given what's happening there and the current trajectory.That said, again, if you believe investing in CA will match your goals it's a great, time tested market.
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3 October 2024 | 29 replies
You need to start thinking a little more thoroughly, and be able to articulate, and test, your assumptions.
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14 October 2024 | 420 replies
Wanna be gurus, usually salespeople with little real estate investing experience, “audition” with the seminar companies akin to a screen test” in Hollywood.
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1 October 2024 | 12 replies
Bonus if the property has a rent roll showing steady income over the last 6-12 months.
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2 October 2024 | 4 replies
I rolled some funds from a previous flip into this purchase.
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1 October 2024 | 5 replies
Yes I pay more for her (around $10/hr) but you get what you pay for.If people message me happy to provide company name, what they do is they find the VA's and have them take Culture Index and other tests and they prescreen them, then you interview them and select the best fit
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1 October 2024 | 6 replies
I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%) so I can invest faster/grow more in shorter periods of time.I ran this: View report on BP as a really rough test for investing in this property (3-plex, but also offers an attached 3-plex for consideration).
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3 October 2024 | 46 replies
And that should be test #1, because if there experienced in this you will not be the first asking such so there reply should feel as though they've answered this 100x before, right.
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1 October 2024 | 12 replies
Typically I would run a stress test to assure what my max purchasing/borrowing power would be because there are multiple factors that could influence your borrowing power such as house market prices, rates, income, liabilities.
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30 September 2024 | 10 replies
The catch is the self-sufficiency test.