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21 February 2025 | 12 replies
I'd like to do at least four flips in 2025.I've had my Real Estate license for almost 20 years, but have never practiced other than family/friend sales and purchases.The missing piece for me is finding the off-market deals.
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9 February 2025 | 12 replies
It isn't a big job but I don't want things to go south so I stay in it.Of course I practically live on this forum so I pass along any pertinent info I find as well as answer questions.
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15 February 2025 | 2 replies
I highly recommend you study this, practice it, and apply it.https://www.biggerpockets.com/blog/rental-property-cash-flow...Property Details:Type: Single-family homePurchase Price: $289,900Down Payment: 20% ($57,980)Loan Amount: $231,920Interest Rate: 6.85%Loan Term: 30 yearsMonthly Mortgage Payment:Using a mortgage calculator, your principal and interest will cost $1,515 per monthRental Income:Average Rent for Single-Family Home: $2,171 per monthOperating Expenses:Property Taxes: $300 per monthInsurance: $100 per monthMaintenance and Repairs: Budgeting 5% of rental income ($109 per month)Vacancy Rate: Assuming 5% vacancy ($109 per month)Property Management Fees: If outsourced, typically 10% of rental income ($217 per month)Total Monthly Expenses:Operating Expenses: $835Mortgage Payment: $1,515Total Expenses: $2,350Net Monthly Cash Flow:Rental Income: $2,171Total Expenses: $2,350Net Cash Flow: -$179 per monthConclusion:In this scenario, the rental income of $2,171 per month does not fully cover the total monthly expenses of $2,350, resulting in a negative cash flow of $179.
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29 January 2025 | 2 replies
Also have less short higher level overview video: VIDEO: STEP-BY-STEP GUIDE TO FLORIDA EVICTIONSJoin the conversation here to share experiences, ask questions, and explore best practices for managing Florida evictions effectively.
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1 February 2025 | 9 replies
My client has a property near the hospital where he runs his dental practice and has 6 hospitality units connected on the other end.
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9 February 2025 | 8 replies
Is the normal practice in wholesaling to analyze a deal -> find a buyer -> then offer the price to the seller and form agreement?
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2 February 2025 | 1 reply
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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26 February 2025 | 24 replies
I'm looking to create a slight shift in my lifestyle, where I can ease up a bit on practicing and supplement my income with more passive revenue streams.
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31 January 2025 | 4 replies
If so do you have any suggestions or tips for best practices to do this?
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16 February 2025 | 27 replies
Now, I have not tried this but in practice I see no reason why I could not use a service (Plastiq, Venmo?)