
30 November 2024 | 3 replies
If you don't have a virtual assistant yet, I'd recommend getting one to help with things like tenant communications and coordinating contractors.
2 December 2024 | 6 replies
He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services).

30 November 2024 | 12 replies
Also want to add that she had multiple violations such as having a dog with her while her contract states no pets and she was contacting repair facilities and acting as my agent or pretending to be a property owner and interfering with repair process.

3 December 2024 | 5 replies
Maybe have a decent sized pool of cash to take care of the occasional roof repair or personal expense, but almost entirely in real estate?

3 December 2024 | 9 replies
A HELOC will not allow you to deduct I believe on the interest unless the money is utilized for repairs on your primary residence and not to buy another home.

4 December 2024 | 17 replies
Add in property manager, repairs/maintenance, CapEx, vacancy etc and you will be deep in the red.

1 December 2024 | 32 replies
I had a full inspection and there were some minor repairs done before the tenant moved in.

1 December 2024 | 7 replies
I'd two project worked with Robert Mincey, 1.For one project it have serious defect that scares my buyers away, when I ask him for the repair, he told me that I did the sabotage to the property myself, and he owns 0 responsibility for the repair and warranty2.For another project I wanna to fire him but he states I owns him more than $5K even though I already paid him 200% over what he had completed.

30 November 2024 | 12 replies
I use Executive Villas and they just charged me $500 to repair some table legs and replace the batteries on a remote.

7 December 2024 | 150 replies
You may need to safeguard the collateral, make emergency repairs, pay for legal notices and filings.