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27 January 2025 | 8 replies
I'm assuming you are arriving at your cash flow number by applying Gross income - cap ex, maintenance, utilities, vacancy, tax, insurance, mgt, landscape/snow & Debt service?
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4 February 2025 | 2 replies
I know I'm getting the tax benefits of depreciation, the minimal positive cashflow, and the appreciation on the property, but It's pretty much a long term play of slowly raising rents annually to increase cashflow, which will eventually get basically reset when my loan goes P+I in 10 years.
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18 February 2025 | 12 replies
@Hunter Duplantis what @Gino Barbaro said is exactly what I was going to suggest.When you have vacancy is the time to experiment and apply your original thesis.I’m not trying to play Monday quarterback here but, you should be highly confident in where the rents should be well in advance of having a vacancy.That being said, after confirming competition rents on websites (I’d also recommend Craigslist and Facebook marketplace), you should be in alignment there.
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18 January 2025 | 15 replies
Cancel after you pull, unless you like the tools it offers.
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28 January 2025 | 0 replies
Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.
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26 February 2025 | 21 replies
It's awesome that you're leaping into real estate investing after all the knowledge you've gained from Rich Dad and Bigger Pockets.
31 January 2025 | 6 replies
Any additional will be refunded a few weeks after the auction.
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17 February 2025 | 9 replies
No fees, no minimums, been very happy with them.Unfortunately the note I own is still paying out to my custodian (did checkbook after note purchase) so the money does sit idle.
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25 February 2025 | 7 replies
Most will approve after 30 days of pay stubs.
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27 January 2025 | 3 replies
(gross rents $4900; 8% PM; mortgage+insur+taxes = $3600/mo).