Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
These require a minimum of $300-$335k cash to cover the downpayment, closing costs, and having a healthy budget for professional design/amenities.Tier 2 range in price but most fall between $530k-$650k.
Marc Shin
STR Furniture - cheap vs expensive
2 December 2024 | 10 replies
Otherwise get a glass or plexiglass cover made for the top because not everyone will use coasters.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
They seem to cover all sorts of topics, beyond investing, and certainly talk about real estate investing within the forums/courses, etc.
Silas Melson
Turnkey Investing Concerns
3 December 2024 | 16 replies
The income (rent minus management) should cover the costs (principle, interest, taxes, and insurance) depending on the property's price point.
Andrea Davis-Tarantino
Newbie over here!
28 November 2024 | 10 replies
So hard money loan in my name, down payment and carrying costs covered by her but we still need to meet to hash out the details.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
I "signed up" for the class just to see the entire process, but I delayed my deposit and any other funds for a few days to figure out all of their angles.I picked up on a few things myself:1) The Fortune 500 cover and article that our mentor "Jason" mentioned on Day 1 was to establish his credibility.
Matt Wan
How important is it for a first property to be easy for me to get to?
1 December 2024 | 21 replies
This is because they didn’t budget properly and rent wasn’t high enough to cover actual expenses (repairs and maintenance, cap ex, vacancy and loss, tenant damage and turnovers, etc don’t expect to have any money left over after all of these expenses are accounted for if the rent is less than $1,500/month).
LeOla Fletcher
First time homeowner looking to get into relabut facing a dilemma
27 November 2024 | 11 replies
I am ok w/having to also pay a few hundred dollars to cover my mortgage if I can’t get $2400 monthly for it.
Federico Lombardo
Super Early Days
2 December 2024 | 8 replies
If you use a property manager, you'll need at least 50 rentals to cover the additional expenses.
Julian Dragos
Rental Property in an LLC and Insurance Requirements
29 November 2024 | 1 reply
The truth is, the odds of being successfully sued for more than your insurance will cover is ridiculously low.