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31 October 2024 | 14 replies
Understanding how to source and underwrite deals is essential to BRRRR properly.
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31 October 2024 | 6 replies
How hard would it be to put in a proper sized window?
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1 November 2024 | 5 replies
The areas probed still seemed solid, but be aware that some types of wood destroying fungal damage will only be detectable once the wood has properly dried out.
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29 October 2024 | 13 replies
I think will help us (and hopefully some others) when it comes to properly pricing this service.
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6 November 2024 | 54 replies
Yes, I was very fortunate I was properly and like some folks make fun of me for-- over insured.
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1 November 2024 | 22 replies
First, unfortunately many CPAs are not interpreting the Regs to IRC 469 properly and some are even defaulting STR to Sch C and SE tax without regard.
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30 October 2024 | 15 replies
At our last turnover, we had neighborhood kids breaking in several times while vacant, damaging the house until we installed a security system and camera high enough that they’d need a ladder to get to it.
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28 October 2024 | 6 replies
Currently, I am working on installing a new manufactured home with a new septic tank on the foundation.
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30 October 2024 | 16 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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31 October 2024 | 12 replies
By year 10, you’ll have a combination of growing cash flow, appreciation, and equity that could boost your wealth by several hundred thousand dollars.Consistent investing and proper management can lead to solid passive income and long-term wealth.