
8 November 2024 | 9 replies
I'm now looking to house hack in Dallas or the surrounding areas (likely Arlington) but am a bit stuck on how to run the numbers.When calculating cash flow on the my duplex in Indiana I took into account PITI, vacancy reserves, maintenance and repairs reserves and utilities to get down to my net cash flow amount.When running the same calculations using 5% down on the house hack, I find myself quite a bit in the negative.

12 November 2024 | 17 replies
If your goal is stability and less volatility, an LTR could be more predictable, but it wouldn’t give you the cash flow cushion you’re looking for.Pros:More predictable income with less management effort than STR.Lower vacancy rates compared to STR.Less risk of fluctuating occupancy rates.Cons:Potential negative cash flow if maintenance and repairs exceed margins.Limited growth potential for income.3.

8 November 2024 | 17 replies
Spend a few hundred dollars and speak with an attorney.

7 November 2024 | 18 replies
It’s always tough to hear when someone has a negative perception of our program and my knowledge.Addressing Your ConcernsSoftware and Support: Our Deal Driven software is designed to help our partners find and manage deals effectively.

7 November 2024 | 4 replies
Hello, everyone, I would like to speak with an attorney about my options to set up a partnership but I’m unsure about what type of attorney I will need for each potential situation.

7 November 2024 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

8 November 2024 | 11 replies
I can only speak for my own city, Greater Cincinnati.

7 November 2024 | 22 replies
Generally speaking though, this asset class can be argued to be one other most management-intensive.

6 November 2024 | 13 replies
I have only tried it twice so just wondering what the more experienced investors think of this, or is this just something that people talk about to try and make a real estate investing negative seem not so bad?

11 November 2024 | 22 replies
Have your attorney send your contractor a letter explaining your dissatisfaction, any legal, ethical, or moral violations his operating methods result in, and making him an offer BELOW your “target” amountbest of luck I have an attorney that I considered speaking with on this matter, but I’m not sure that he specializes in things like this.