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10 January 2025 | 23 replies
For the BRRRR process I plan on using a hard money lender for the rehab process for the SFH's but what I'm not sure of is, should I purchase a duplex and rent one unit out and live in the other or should I just rent for now, not purchase a duplex and just purchase a SFH with cash and start BRRRR'n immediately?
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11 January 2025 | 9 replies
At least plan B does not sound a complete bad idea now.Thank you!
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10 January 2025 | 5 replies
Good point, if you have plans to sell in the near future, could be better to wait.
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30 December 2024 | 1 reply
Unfortunately, people in the trades are often good at their trade but poor at managing their business.
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14 January 2025 | 25 replies
If you set it up well, don't worry, you'll get guests when you repost.If you really want to capture the existing bookings, then go for it and plan to re-furnish it at the start of slow season.
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13 January 2025 | 3 replies
I don't plan to hire an outside group.
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7 January 2025 | 22 replies
At my point in life everything I own is both a cash flow superstar and appreciating nicely, because I'm invested in growing, popular areas.If I was just starting off now, I'd probably be aiming for value-add in good areas where I could either live there while improving the unit(s) - ie a duplex, triplex - or where I could trade sweat equity for profit, or both.
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10 January 2025 | 14 replies
It would cash flow nicely.One item to plan for from the beginning is the exit.
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28 January 2025 | 71 replies
What's your plan?
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26 January 2025 | 24 replies
Hopefully, the tenant takes the hint after today’s conversation, but if not, you’ve got a solid plan.