
4 February 2025 | 6 replies
I was watching a Youtube video by Rob Abasolo that you may like to consider called "How I'd make $10,000/month on Airbnb if I lost everything and had to start over".

11 February 2025 | 10 replies
I only have one right now, so the monthly subscription is a bit hefty for me.

4 February 2025 | 13 replies
You can typically change the way the entity works - may or may not make a tax difference, but you're only 6 months in so I imagine you're showing a paper loss anyways?

12 January 2025 | 0 replies
Gutted the floors myself and installed new subfloor and new flooring on entire first floor.
8 February 2025 | 16 replies
We've been hovering around 1000 for the last few months.

27 January 2025 | 12 replies
There is a meet-up on the last Thursday of every month.

3 February 2025 | 5 replies
Prior to my clients' closings (rental properties in 2 states) in the last 6 months, I worked with IPX to prepare for DST investments.

27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

20 February 2025 | 23 replies
In fact, one of my clients last year closed on a house hack near Keystone and turned a 5 bedroom single family home into a 6 bedroom house, and he is living in one room and renting out the 5 other rooms individually between $1,300-$1,400 per month per room because of the lack of affordable housing options up there.

9 February 2025 | 9 replies
Just when I cleared around $100K in assignments in about 7 months, I was hit by a drunk driver head on and became a left-knee amputee.