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23 January 2025 | 31 replies
Also, don't forget that, if you pay taxes, it means you're making a profit.2.
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20 January 2025 | 15 replies
There were many other questions when I read over the three different term sections that needed agreement to continue with the service, but I never got a response from support on the major noncommercial use clause.Plus, if over 2,600 people are using the product, how many times do you think an agent is going to get messages from various investors through the platform?
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5 February 2025 | 17 replies
Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?
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23 January 2025 | 10 replies
The borrower must have a good deal from which they will make a fair profit.
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22 January 2025 | 1 reply
If you are waiting on a repairman for those as well general repairs its going to hurt your profit and your appearance.
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25 January 2025 | 14 replies
Even though they don't need major projects or much maintenance, now that we're parents and don't live there, it's still annoying when things come up.
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21 January 2025 | 3 replies
., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
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21 January 2025 | 15 replies
There are many STRs that do quite well in the suburbs of major cityies Off the top of my head, I can think of one of the STRs we manage that is 40 mins outside of Dallas and it has a great occupancy rate.
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23 January 2025 | 7 replies
However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves.
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18 January 2025 | 2 replies
One of the major deficiencies of this property is it has no garage.