:Quote from @Jimmy Lieu:Have tons of examples of deals that hit the 1% rule and positive cash flow.

A warranty can bring peace of mind, especially if the tenant values quality and reliability.Here’s our rule of thumb:For budget-friendly rehabs: Used appliances from a reputable source can be a smart choice.

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

.- The golden rule in my group is the seller has to have a deal, the numbers work, be willing to sign, be willing to move out no later then 7 calendar days prior to the auction!!!!! 

Guests rule and get away with murder.Right now we have about 75% of our 2025 bookings through VRBO.

You can find duplexes under $180K in C-class neighborhoods, in decent condition, that meet or exceed the 1% rule

But rule number 1 and 2 in investing is don’t lose money.

This creates a negative initial position.

If you can't find existing meetups, create your own by organizing casual gatherings for like-minded investors.

We have offered to allow her to pay a reduced rent for the first few months as well but I am worried that may create some sort of limit on how much we can raise the rent on her in the future.