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7 February 2025 | 49 replies
Because I had already purchased the house building courses I got a nice discount on thw course I wanted.
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7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
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4 February 2025 | 2 replies
The stone elevation can be expensive but will really move a house quickly with the added curb appeal.Some things I like to add for not much extra cost..
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18 February 2025 | 17 replies
It's an STR, hotel and house hack all in one 😊
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29 January 2025 | 107 replies
I've done fairly big renovations where in most cases, Im replacing almost everything in/on the house.
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18 February 2025 | 12 replies
If you offer a in house chef to cook meals, daily cleaning service etc. then that crosses the line.So, where is it at and show us some pics.
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4 February 2025 | 2 replies
I believe depreciation on that unit that you were living in starts at that point as well.just bringing this up because it was mentioned in another post where someone was house hacking.
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6 January 2025 | 3 replies
Hello,I purchased James Dainard’s new book The House Flipping Framework on Audible.
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28 January 2025 | 4 replies
Just bought 3 houses last week from a builder.