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20 June 2018 | 1 reply
Not $2,700 worth of difficult for sure and I could do it in 2 days max including assembly of the cabinets.Had a bid for $800 to tear down the top 2/3 of the brick facade; took us 1 1/2 hours with a hammer drill.Bottom line, hiring contractors would probably eat away about $20k in profit if I hired them vs DIY.
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20 June 2018 | 1 reply
And then beside that, does it even make sense alot of the time to buy such small properties if you can't manage them yourself - do the management fees eat up most of your cash flow?
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24 June 2018 | 3 replies
Most note buyers will expect a discount on your note, which will eat into your profits.
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21 June 2018 | 11 replies
That one was full of termites and you had to walk away, termites are eating and you're making more offers.
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25 June 2018 | 13 replies
Realistically one vacant unit per year could eat up $3000 in paint, carpet and other upgrades.
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21 June 2018 | 9 replies
The legal and accounting fees alone would eat you up.
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21 June 2018 | 4 replies
If you don’t account for this upfront and a washing machine goes up, then the roof needs redone in 4 years, or the garage door needs replaced- that will eat into any cash flow you have built up for x amount of months.
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14 July 2018 | 23 replies
Unfortunately, I don't have cash.If you go to bank or any lender, the loans will eat my profit and salary.
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6 July 2021 | 6 replies
Those will eat your cash flow alive in Texas
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5 July 2018 | 18 replies
I am sure there is truth in this, if attendance jumps- people eat around the stadium and also vacation to LA to see the possibly greatest player.