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24 January 2025 | 13 replies
I just get a feeling in my gut that something's off.
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26 February 2025 | 18 replies
My gut sense is something like ChatGPT is right about 80% of the time.
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30 January 2025 | 13 replies
On top your due process, my advise is to trust your gut when vetting tenants.
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8 February 2025 | 34 replies
I've got to see the guts of it to see if it's open enough for events inside.
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22 January 2025 | 9 replies
Im willing to do cosmetic repairs up to about $20k but dont want to deal with a gut job.
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24 January 2025 | 10 replies
I don't see similar features in existing cabins and my gut tells me that it might be nice draw when weather transitions from summer to colder temps.
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20 January 2025 | 19 replies
My gut say's it's other motives.
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21 February 2025 | 102 replies
For a total gross rental income of $3,300.PITI will total $1,364$561 for 5% maintenance, 5% CapEx and 7% vacancy allowance (HomeRoom gives 10% vacancy as a general estimate but my property is the best location of all the Indy properties, close to downtown and UIPUI campus, and discounted compared to room rates at other houses so I don't expect 10% vacancy) The house just underwent a complete top to bottom gut reno with new everything including roof, sewer, electrical, appliances, etc, so I'm budgeting low for CapEx.$495 for 15% property management.That puts total expenses at $2,420, out of GRI of $3,300, for a monthly cashflow of $880 (11.7% CashROI).This also leaves plenty of room for future rent increases.
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10 February 2025 | 62 replies
By the way, from what i read in the street journal, the rental market in many regions is holding strong despite economic shifts, so that could play in your favor as you move forward.What’s your gut feeling on the timeline for scaling up.. are you looking to ramp up quickly, or do you prefer a more measured approach?
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23 January 2025 | 24 replies
Ultimately, it’s about trusting your gut and assessing each situation individually.