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27 November 2024 | 8 replies
.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.
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27 November 2024 | 10 replies
It's also worth mentioning that I already have a good relationship with a wholesaler in town who knows other good contacts, and I am able to use some of these contacts as good resources for general knowledge and learning how it all works.I recently had to close my business of 9 years, and so instead of getting a W2 job or start some other "normal" business, I'd much rather prefer to have house flipping be my primary source of income.
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27 November 2024 | 6 replies
Lesson learned - do a better job screening your tenants...Consider investing in greener pastures (landlord-friendly states)
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28 November 2024 | 26 replies
Lots of building going on, and lots of jobs.
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26 November 2024 | 9 replies
Based on the photos we wouldn't recommend a full paint job.
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25 November 2024 | 24 replies
Just remember to consider the local job market, population growth, and rental demand when making your decision.
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26 November 2024 | 6 replies
My wife and I both have decent paying jobs, but after paying rent, vehicles, student loans, etc, there’s not much left over for saving, let alone 20% down.
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25 November 2024 | 9 replies
If they can do the job for that price, you should hire them immediately!
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27 November 2024 | 3 replies
New roof, siding, soffit, fascia, flooring upstair, repair fencing, yard work/landscaping, new flooring upstairs, new vanities, kitchen remodel, new paint job What was the outcome?
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26 November 2024 | 10 replies
Consider emerging Sunbelt markets like Phoenix, Tampa, or parts of North Carolina (like Raleigh or Charlotte) that continue to see high migration and job growth, driving both appreciation and rental demand.