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21 December 2024 | 12 replies
It’s more expensive than PropStream, but the data quality is higher.For ARV calculations, if you don’t have access to the MLS, our Backflip App can provide it (it's good).
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19 December 2024 | 13 replies
So to help cover expenses and see some cash flow would focus on multi-unit property.
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19 December 2024 | 25 replies
Often times, cheap is expensive!
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18 December 2024 | 3 replies
You could also ask for early occupancy so you can begin to collect rent and take all the holding expenses off their plate.
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19 December 2024 | 14 replies
I also use the Costco/Citibank VISA cash back card to pay for expenses.
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19 December 2024 | 4 replies
Until then, hopefully you can charge enough to at least cover your expenses.
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16 December 2024 | 19 replies
Are you trying to afford a house much more expensive than your W2s could cover?
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17 December 2024 | 0 replies
When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.
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17 December 2024 | 86 replies
Instead of paying cash use that money and spread them over multiple dscr loan so I can own more doors and just collect the cash flow after expenses.
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4 December 2024 | 4 replies
The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.