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20 October 2024 | 14 replies
Andrew, honestly just keep going.You'll be worth 8 figures soon.Not many people love their jobs, but it puts food on the table and you are clearly good at it if you've been doing it so long.Use some extra income to start getting into RE investing.If you get a seller to carry 15% in 2nd position, you just need a 10% down payment.Its tough to do but everything in life takes sacrifice.
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20 October 2024 | 8 replies
If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.
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21 October 2024 | 8 replies
Carlsbad DOES allow short-term rentals in the "Coastal Zone," which is where my dad's place is.Mentor's HomeMariposa, CA80-acre lot2000 sq ft 2/2 home (with an extra study and large living room)Worth approx. $750kThis is more of an emotional project for me.
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20 October 2024 | 35 replies
I am not in Dothan, I am in Hawaii but I have been extra interested in Dothan for some years now.
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20 October 2024 | 17 replies
insurance companies are also charging extra to cover ice machines.
18 October 2024 | 34 replies
For the low-interest mortgages, I personally would never pay a cent extra, just let my tenants pay down my mortgages, because I can earn more even on a short term CD than I would paying them down.
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19 October 2024 | 2 replies
Draw the line based on what is the return for each. if it costs and extra $40k to get you $40k price increase it is not worth it, it has to add value to you.
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18 October 2024 | 25 replies
Asset hunters find unique assets and things others can't see (extra land for an ADU, extra room for another full bath, etc.).
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18 October 2024 | 7 replies
So you're asking a tenant to use a system you have put in place, then when it takes a couple extra days you want to charge the tenant - regardless of the tenant's intent and the fact that they are following the rules you put in place.
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20 October 2024 | 14 replies
A good deal will always be a good deal so it shouldn't stop you from taking advantage of an opportunity but depending on what you're looking to do and where the properties are you may want to budget for an extra month or so when selling on the back end.