
16 February 2025 | 9 replies
Lot of crooks in this business.That being said, Abilene is a great town to flip or find properties that still cash flow.

13 February 2025 | 1 reply
Here's the deal:Purchase Price (PP): $95kRenovation Budget (via HML): $60kTotal All-In Cost: $155kARV (After Repair Value): Around $200kRefinance (via DSCR Loan): 7% interest, 30-year fixedRefinance Details: After the refi, I will pay back the Hard Money Loan (HML) at 11.95% with 3 points:HML: $60,000Interest/fees: $3,585Other costs: $1,800Total to pay back HML: $65,385After the refi, I will have $84,615 left in cash.Cash Flow & Expenses:Expected Rent Income: $1,700/monthProperty Management (PM): $126/monthInsurance: $100/monthTaxes: $126/monthMortgage: $1,043.75/monthTotal Expenses: $1,395.75/monthSo my monthly cash flow is about:$1,700 - $1,395.75 = $304.25/month in cash flow.Return on Investment:Cash Invested After Refi: About $18,385 (after paying off HML and closing costs).Annual Cash Flow: $304.25 * 12 = $3,651Cash-on-Cash Return (CoC): $3,651 / $18,385 = 19.8%I didn’t account for maintenance costs since it’s a full gut rehab, and everything is brand new.

19 February 2025 | 0 replies
Purchase price: $267,000 Cash invested: $70,000 Single Family Home in West Hartford

28 February 2025 | 46 replies
We pay all of our expenses out of that which includes: broker split (my brokerage takes 22% of the total commission, this varies by brokerage and is typically anywhere from 5-50% depending on how much support the brokerage provides and whether or not the agent is on a team), transaction fees, transaction coordinator cut, income taxes (15-20% of what's left after broker gets their cut), errors and omissions insurance, MLS fees, board of Realtors dues, required continuing education costs, vehicle and vehicle insurance plus maintenance, repairs and gas, health insurance (also health insurance for the family if they are the sole breadwinner), technology fees, desk fees (office rent), marketing materials, advertising/ lead gen, etc.

3 February 2025 | 5 replies
Government support is great.

19 February 2025 | 32 replies
You're trading high growth/stability for lack of cash flow.2.

20 February 2025 | 0 replies
Purchase price: $264,000 Cash invested: $120,000 Sale price: $640,000 Duplex caught on Fire.

27 February 2025 | 14 replies
Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

19 February 2025 | 1 reply
Purchase price: $65,000 Cash invested: $30,000 Sale price: $195,000 Live in flip.

7 March 2025 | 1 reply
Real estate is a long game, so maybe you do not have the rental rate you want right now, but trust me, the market will level out, and you will eventually reach a point where you are cash flowing.