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4 January 2025 | 28 replies
The quality I can improve but once the limbs have hit 1 inch the value is impaired moving from A to B or lower quality.I’ll process logs, rough sawn, kiln dry, planed.
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2 January 2025 | 14 replies
Year 1, I intend to keep my W2 job while i work to get my small business going.
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28 December 2024 | 2 replies
I was an electrician for over 20 years with my last electrical job being shop foreman for a custom electrical control panel shop and UL 508 specialist.
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22 December 2024 | 0 replies
In essence, they created another job for themselves.
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2 January 2025 | 10 replies
It's your job to create a buffer between the tenants before they start fighting as well.
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19 December 2024 | 5 replies
Let's analyze each issue you've mentioned:1) Tenancy Length: besides issues a landlord can't control, like death, sickness, job loss, etc., the actual management of the property & tenant play a large roll in how long tenants stay in their home.
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19 December 2024 | 21 replies
It's all about the location, you might be able to buy a cheap house, but if it's in an area with nothing but other cheap houses and in an area that is "not desirable" you're not going to make much money on it, either in improvements or rent.
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30 December 2024 | 819 replies
It is your job not to be bitten by one.
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28 December 2024 | 7 replies
I would focus on getting a solid job/career then going into a house hack.
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4 January 2025 | 14 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.