
20 November 2024 | 37 replies
Really, really bad to buy with negative cash flow.

21 November 2024 | 7 replies
Do you think that could lead to a price correction or just a plateau?

22 November 2024 | 20 replies
However, if it's truly one of those communities that has very high crime and difficult to attract any descent tenants, it can lead to disaster.

22 November 2024 | 12 replies
Its the best way for anyone to get started IMO.Will add that in todays market you might need to put down more than the minimum 3.5-5% in order to not be cash flow negative.

20 November 2024 | 12 replies
If you could stomach the negative cashflow or get creative holding is not bad.

20 November 2024 | 12 replies
I'm talking $100 to now $450 per lead in my area.

19 November 2024 | 13 replies
Let’s project realistic expense estimates via the 50% rule:$12k rent / 2 (50% rule) - $19332 P&i = negative $13332/year or negative $1,111/month.

22 November 2024 | 12 replies
For instance, if the neighboring unit has a shut-in chain-smoker, or the house has railroad tracks behind it, it is definitely better to let a lead know and lose them than to not disclose, upset them and lose them (after they leave a nasty review).I'd agree with Jonathan that even late complaints need to be taken seriously, and barring some obvious malfeasance, I would just take the word of the resident and fix the issue.

18 November 2024 | 8 replies
Agreed, and in many cases, insurance is destroying cash flow if not pushing it into negative territory.

15 November 2024 | 1 reply
I have a lead on multi-family deal that should cash flow at least 1k/month, probably more.