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11 February 2025 | 1681 replies
And the Idea of true wealth in rentals I paid for over time.. your tenants are paying your mortgage and increasing your net worth monthly.
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19 December 2024 | 5 replies
For example, in C class neighborhoods, you might see higher tenant turnover and more wear and tear, which can increase costs over time.It’s also worth factoring in reserves for capital expenditures (CapEx), even if major items like roofs and HVAC systems are new.
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15 December 2024 | 8 replies
Will you have cash flow on day one or do you need to increase rents or find better tenants?
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29 December 2024 | 253 replies
But wondered if you were able to flip some houses during your run so that you could buy down the houses you have today and increase your cash flow to allow you to quit.Some great stuff.
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17 December 2024 | 12 replies
I like the West Mobile area, its class A area, you can definitely find deals there, 3 bedroom with 2 bathroom for around 220k or so, you may have to wait a couple of years for positive cash flow but properties there increasing in values better than others.
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13 December 2024 | 13 replies
As home prices or interest rates increase, fewer people can afford to purchase homes, forcing them to rent.
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16 December 2024 | 4 replies
How do you evaluate the increase (or decrease) in price of the land in question down the road?
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17 December 2024 | 19 replies
The equity increased a ton especially w the limited supply
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19 December 2024 | 22 replies
They can introduce you to all the local players you will need like property managers and lenders.Over time, increase your own personal knowledge and development with books, podcasts, and conferences on the topic.But finding a commercial real estate broker with a teacher's heart will go a long way to getting you started.To your success!
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16 December 2024 | 5 replies
If you're considering BRRRR, the FHA 203(k) loan could work for bundled purchase and renovation, but it’s often simpler to use personal funds for lighter rehab projects.You could focus on properties with strong rental potential and manageable upgrades to increase value.