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22 August 2024 | 4 replies
I want to make sure I do the rehab correctly, but I also do not have an unlimited budget.
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22 August 2024 | 1 reply
I think I’d like to start investing in my Roth IRA which I have but haven’t contributed since I’ve bought the duplex back in September 22 but I’m trying to figure out my budget again because I’ve moved to Los Angeles to live with my gf.My reserves have definitely taken a hit so I’d like to build it back up and am hesitant to start contributing again until I can have a reserve for my real estate (thinking 6 months worth until I’m comfortable contributing to Roth again)Is this dumb?
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23 August 2024 | 19 replies
She now works for a large multinational commercial broker and invests on the side.I can see where she understands budgeting but doesn’t have exposure to more of the finance and accounting side.
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21 August 2024 | 4 replies
Offer a bonus to contractors or GC to stay on time/budget.
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21 August 2024 | 5 replies
We have a full scope of work proposal with budget numbers put together & the team is ready to start.
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23 August 2024 | 9 replies
@Grady GilmanPre-approval for a house is crucial for understanding your budget, making property searches realistic, and gaining an edge in negotiations.
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21 August 2024 | 5 replies
This presumes you make smart purchases that cash flow after paying all their expenses (Principle, interest, Taxes, Insurance, and a maintenance / Capex reserves).The risk of leverage is if your properties AREN'T making money - maybe you misjudged your income, or you run into repairs that cost more than you expected or budgeted for.
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21 August 2024 | 5 replies
I am also looking for this but for more of a real estate investor system and not a real estate agent system.There are many systems out there for agents which have what you need but will be way out of budget.
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21 August 2024 | 27 replies
What's your take on buying in a good neighborhood out of state within our budget and ensuring that we break even or generate minimal cash flow?
21 August 2024 | 4 replies
Once docs are prepared i would budget $2500 for attorney review etc. which should be more than plenty.