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27 November 2024 | 13 replies
In my mind a condo will provide me:-CAPEX is controlled by HOA (I only have to pay, not dedicate time)-Low down payment-Cheap financing paymentI plan to live there for 3-5 years and after could expect a NIAF around ($200).
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26 November 2024 | 2 replies
It was essentially a half-done, bad flip that didn't sell as expected.
25 November 2024 | 2 replies
Is there farmland in New Jersey, Pennsylvania or surrounding states where I could invest on the land for a good price and expect strong appreciation on it in another 10 years?
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26 November 2024 | 14 replies
They sponsor biweekly webinars, where they encourage Q&A on many topics in the Fix & Flip landscape.The draw process seems standard (what you would expect) and makes sense.
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28 November 2024 | 10 replies
If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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25 November 2024 | 2 replies
Even if every Concrete crew was "legal", wages would pull them to other low paid laborer jobs such as landscaping, house framing, meat packing, etc, causing wages and cost to go up for new Self Storage Construction, let alone availability.Security Systems- yep sourced overseas, China.Interest rates going lower, but I expect Inflation to go higher.
27 November 2024 | 7 replies
However, my income is inconsistent, with last month’s earnings around $4,000, this month expected to be about $3,000, and an average of roughly $2,000 per month.
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22 November 2024 | 1 reply
We still own this property, but we have: 1) leased to market rent, 2) successfully implemented RUBS to save roughly $3,000/year, 3) Reduced vacancy/bad debt from pre-acquisition T-12 of 15% to less than 4%.
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27 November 2024 | 8 replies
Yes, you do get income on the other side, but the prices have bumped up so with interest rates and less inventory to buy, the net income is much less than a few years ago.You can still do it, you just have to factor that in and expect negative cash flow while you live there and then see how good it will be when you leave in a year and do it again.