
16 December 2024 | 4 replies
I don’t expect to have much maintenance with it for a while since most everything will be new.

17 December 2024 | 14 replies
Maybe a property or two they'll do the whole comp analysis with the contracting bid and deliver it, but if you pass twice do not expect them to answer much anymore.I use wholesalers for 85% of the deals I source.

17 December 2024 | 13 replies
Not sure the final outcome, but I'm guessing that is a case where you think things are risk free, but I expect the purchaser was out significant legal fees that were not reimbursed and ended up not getting the property.I've always thought about this in the rare instance that a super nice and super valuable property goes to sale with a mortgage on it.

16 December 2024 | 35 replies
You get a pie chart of income and expense breakdowns and then you can open up the bullets to the expense or income categories and it is further broken down as far as you have decided to enter categories for your data.Best I found is, this was a 30 day free trial and I just looked to check, it is currently listed as $119 a year.

14 December 2024 | 4 replies
Those groups typically research and know what to expect, which make them “easy” to host.

14 December 2024 | 3 replies
I have heard positive things - expect lower overall returns in exchange for them doing the work!

15 December 2024 | 2 replies
Full Occupancy: The property achieved full occupancy within three weeks of listing, with strong tenant demand.High Cash Flow: The property generates $5,570/month in gross revenue and approximately $4,690/month in net profit after operating costs.Effective Use of 1031 Exchange: $300k of the total $420k investment was offset by the 1031 exchange, minimizing out-of-pocket expenses.Long-Term Stability: Designed for durability and versatility, the property is expected to cash flow for decadesLessons learned?

18 December 2024 | 25 replies
@Erlson Neba Much less stress and headaches than rentals especially for lower end areas where the ongoing maintenance will most likely diminish any return you may hope to make and where appreciation cannot be expected.

11 December 2024 | 15 replies
.- You close on December 10th- The property is in great shape and does not need any significant repairs- It only needs some paint touch-up and changing a couple of broken fixtures, which you do yourself- You spend the next week buying furniture, electronics and supplies and installing/arranging everything yourself- You also roll up your sleeves and scrub the toilets and sinks and appliances- You put it on AirBnB/VRBO and have your first guest renting it for the 3 days of Christmas- You second guest rents it for the following weekend and leaves before NYE- You personally clean and restock the place between these two guestsCongrats!

15 December 2024 | 14 replies
You need comparable sales BEFORE you spend $175 or the appraisal will come low to your expectations.