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19 February 2025 | 57 replies
Or tell your best friend to do so?
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9 January 2025 | 21 replies
I have about 8K to start investing, which I know is not a lot, but with 3 kids living in SoCal, we are already pinching pennies.
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27 January 2025 | 10 replies
This property would be my third investment so I'm undecided on moving forward.
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23 January 2025 | 2 replies
Unfortunately, we get too many calls from clients that got the run around, poor communication and service and/or were the victims of a "bait and switch".
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21 January 2025 | 31 replies
Just attempting to get them to email/call me back has been difficult after I DID NOT choose to buy their services on the initial call.
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28 January 2025 | 16 replies
If I were the neighbor, it sounds like I'd be the only one bringing money to the table so you could get something you want.
11 January 2025 | 12 replies
Leverage anything in the US so you can use the cash to buy in CR ( US home / 401K / other assets ..etc) ...pura vida !
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29 January 2025 | 21 replies
Thank you so much!
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27 January 2025 | 7 replies
Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
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13 January 2025 | 10 replies
It's crazy because there are so many platforms.