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26 March 2024 | 12 replies
It's also upsetting her kids' skin because it is so harsh, so a simple drinking water filter isn't a favored solution.
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25 March 2024 | 6 replies
The cheapest employee...usually is. So
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25 March 2024 | 7 replies
The new Dallas rules have been challenged, but even if lifted, you know where the city hall sentiment is....so I expect them to potentially make things difficult on STR operators.
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25 March 2024 | 10 replies
@Andrew Steffens - See above@John Underwood - see above@Jay Thomas - yes... agree and have thought of future appreciation although the house is so big (5,000 ft2)that it will take me so many repairs bit by bit that I feel like it will get to be time to start Renovating back at the begin again by the time I get to the 'end' of the renovation. haha creative financing is indeed the only option at that point - but then leverage becomes a larger stress point than being mortgage free-ish and just cash flowing 'passively'. also to note is that my town just approved a giant tax bill increase and I already pay 12k a year *insert eye roll emoji*
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24 March 2024 | 3 replies
Since his mortgage is so low and we have really good relationship would be good if possible.
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26 March 2024 | 28 replies
It takes much more than people realize to be a real estate agent but the reward is so worth it.
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25 March 2024 | 28 replies
I don't know about you, but in 30 years I'd rather be sitting on a million-dollar asset that I own free and clear (because someone else paid it off for me) that is generating multiple, multiple times the rent I was collecting when I first acquired it and in which I can fill a vacancy with a qualified tenant within two weeks because the area is so desirable that it can't keep up with housing demand than on some boondocks asset that I only purchased because it was the cheapest thing around and "cash flowed" $200 per month on paper but barely appreciated over the years and whose rent appreciation has marginally kept up with inflation and takes me three months to fill a vacancy with a "qualified" tenant who even then might get behind on rent because his hours were cut at the gas station 30 miles away (true story; my tenant worked at a gas station in Boron--only job he could find).Personally, I'm keeping my 4-unit in Santa Clarita and investing in development deals and notes until an incredible off-market deal lands in my lap (keep dreaming, Logan) or the SoCal market cools.
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24 March 2024 | 4 replies
I will likely be seeking advice here if I run into issues.Purchase Price: $155,000 (Down from asking of $175,000 to $160,000 and finally to $155,000 after higher rehab)Rehab Price: $79,900 (Original estimate was $60,000)Appraised value: $310,000 (Original Estimated ARV: $285,000)I am hoping to list it for $319,900 or $314,900 when the rehab is completed in about 7 weeks.This is so far my only journey into Real Estate investing and hope to do much more and learn to scale my portfolio quickly and get to use the BRRRR method when it is available and makes sense.
25 March 2024 | 214 replies
Why would anyone ever quit if the profession is so simple and the pay is so high?
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23 March 2024 | 2 replies
I'm searching for ways to acquire off market properties since there is so much competition with listings on the MLS.