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19 May 2021 | 13 replies
Some might argue for appreciation but that would be purely speculative.I see it could have been a popular idea in a pandemic-stricken world of 2020, but I'd place bigger bets on traditional residential real estate.
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18 May 2021 | 6 replies
From a pure investment standpoint, I would not buy a property if it isn't going to at least break even on cash flow when rented.
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25 May 2021 | 5 replies
They tend to protect owners if it appears they have been taken advantage of....it is not pure legal black and white.
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11 January 2022 | 29 replies
The property has plenty of room to force equity and rents are a couple hundred per month under market, so growth potential is there.Percentage wise this is where I wanted to be (north of 20% COC), but from a pure revenue perspective I am only going to be cash flowing +/- $300 mo. instead of the $1k I was looking for in each property.
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26 May 2021 | 3 replies
It was PURE LUCK that somehow I discovered it and it would have cost $73K to clean it all up.The reason you have a partner is not so you can split the profits 50-50.
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25 May 2021 | 6 replies
Traditionally I’ve made a good routine of keeping all rental income in my business account and purely living off W2 wages.
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25 May 2021 | 3 replies
Will this be owner occupied or a pure investment property ?
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12 July 2021 | 6 replies
It's purely based off of my personal rentals, rentals of other investors I know, and their comps.