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19 December 2024 | 13 replies
I STR it for 15-20K a month in the summer, and was offering it for rent for $2100 a month in the winter (lower than any comparable houses), and was getting tire kickers at that price.
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14 December 2024 | 2 replies
If you sold it, what would you do with the money and how does the return compare to what you get now (factoring in the amount of work/stress with each option)?
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13 December 2024 | 2 replies
Be consistent with payments and work with vendors that report to bureaus.Personal Guarantees: Many lenders require a personal guarantee until your business has a solid track record.
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14 December 2024 | 3 replies
If you come to me and say you super handy ready to take on a major renovation my answer will be different compared to if you come to me saying you need turnkey and 30 minute commute to NYC.
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13 December 2024 | 2 replies
They provide flexibility and efficiency, especially for experienced investors.How have you found the terms and structure compared to traditional options?
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17 December 2024 | 14 replies
Also, consider raising capital after doing the first few - consistently building your connections while learning as you go.
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9 December 2024 | 7 replies
I too am confused by the “It won’t look consistent to the tenant or to the accountant.”
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16 December 2024 | 21 replies
This allows you to compare prices quickly.
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16 December 2024 | 8 replies
Thank you.From what I've learned so far (aside from posting etiquette) I realize I need to have a clear plan, which so far consists of:- My Goal: to have $10k/months of income to replace my day job.
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6 December 2024 | 5 replies
The second habit that has helped me track my finances is that I’ve created a personal spreadsheet that I fill out at least once a month that tracks certain financial metrics I’m interested in comparing.