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18 December 2024 | 29 replies
Im at base pay since I Just started, top pay at this job is at 5 years and we make 100k base pay, there are guys easily clearing 160k due to OT and other extra money functions. we also have a lot of opportunity to move up in position, Supervisors clear 230k like nothing so right now I'm not making much but long term this is one of the best city jobs to work.
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8 December 2024 | 19 replies
We have a website, SEO is better now and we’ve climbed much higher in the google search but struggling to get clients.
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10 December 2024 | 0 replies
Found this opportunity appealing based on positive cashflow/favorable cash-on-cash return.
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11 December 2024 | 1 reply
It has enabled me to maintain positive relationships with residents, staff, and investors.
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12 December 2024 | 9 replies
However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?
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17 December 2024 | 16 replies
I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.
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9 December 2024 | 9 replies
And if you're open to checking out another market with strong rents, positive cashflow, and 1% deals - I recommend Columbus OH.
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23 December 2024 | 34 replies
My last purchase i am up ~$1m working it very part-time over the last 3 years and i have some small (for the equity position, ~3k/month) cash flow.
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11 December 2024 | 13 replies
In most cases, neither is warranted.The need for an LLC is grossly exaggerated on BiggerPockets and other websites.
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17 December 2024 | 16 replies
I think there is almost no reason for you to say that it is too complicated when something like a 203k loan can get me a multi family house for a lower interest rate and lower down payment while still being cash flow positive.