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20 March 2024 | 16 replies
Consider how much time you can realistically dedicate and what outcome you desire whether it's steady cash flow, long-term appreciation, or a combination of both.
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22 March 2024 | 88 replies
Part of the issue is down the line unless your super realistic about saving for Cap ex you cash flow home that never really went up is going to be negative by the time you have to remodel it..
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19 March 2024 | 26 replies
Maybe a more realistic goal is to start by earning your first $100,000 or $1m and then reevaluate.
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21 March 2024 | 34 replies
The (fill any of many descriptions you would find on a REA listing here)?
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19 March 2024 | 18 replies
I know you said you've had 0% but is that realistic long term?
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19 March 2024 | 12 replies
However, there is also a realistic possibility that waiting can trigger another factor that works against you.
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19 March 2024 | 24 replies
I will definitely be placing heightened emphasis on running my numbers accurately and realistically.
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19 March 2024 | 24 replies
And refinancing, getting rent ready, and lots of other things...You'll need a strategy for all of that, and again, I don't see how you do it from thousands of miles away.Happy to answer any other questions you have - not trying to be discouraging, just realistic.
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18 March 2024 | 3 replies
My challenge is that if I move out and rent my current home, I think I would realistically only be able to rent it for $1,700-$1,900 based on other comparable rentals in my area.
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19 March 2024 | 18 replies
Longer vacancies can eat into profits.Alternative Strategies: While BRRRR can work, Wichita might also be suitable for:Buy and Hold: If rehab costs are high or competition is fierce, focusing on long-term rentals with good cash flow could be a simpler approach.Remember: Talk to local real estate agents and property managers to get a realistic picture of rehab costs, rental rates, and vacancy times in Wichita.