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28 June 2024 | 6 replies
Even if you do everything by the book, chances are some home owners will eventually feel angry and resentful at you for taking their house from them and profiting from it, and all they have to do is file complaint with AG.
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1 July 2024 | 27 replies
Only occasionally is there a REALTOR involved.The people who suck at numbers and are “parasites” actually don’t close deals and eventually get ignored by most.
28 June 2024 | 8 replies
If you keep raising rent the max allowed it may take some time but eventually you should end up high enough that they move.
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29 June 2024 | 11 replies
Finding good deals is a numbers game, if you submit 50 offers, you will eventually find a good deal.The above habits helped me achieve a level of investing I truly did not think is possible.
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28 June 2024 | 6 replies
You may not cash flow that much, but over time you will eventually get there.I'm doing this myself, but made the mistake of not doing a 203k loan and put most of my funds into renovation with cash.
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27 June 2024 | 4 replies
Eventually you'll run out of money or lending potentials on your own which is usually when many investors start looking to partner up.
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27 June 2024 | 1 reply
I'm hoping to begin supplementing my pay soon and eventually do this full time!
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27 June 2024 | 12 replies
While the state is tenant friendly, eventually they will be forced out and at that point it will be without the offer you gave them and with a black mark on their record making it harder to find another place.Since you are looking at flipping the property, you need them out to do the work and I would discuss that with them - not the flip portion but the work that needs to be done and can't be done with them in it.
28 June 2024 | 10 replies
If you miss that deadline (because of a failed sale or a tenant that won’t move out.) it’s all taxable, if you move back in to it as your primary it’s only a pro-rated tax free gain when you eventually sell.
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26 June 2024 | 3 replies
Without knowing the renovation and soft costs, having the original purchase and eventual sale price is worthless data.