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11 December 2024 | 68 replies
Investing in your position is a laughable idea.
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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 | 1 reply
It has enabled me to maintain positive relationships with residents, staff, and investors.
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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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10 December 2024 | 6 replies
Quote from @Julian De la Guardia: Hey Tim,House hacking is not just a good idea; it's a fantastic strategy for someone in your position.
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8 December 2024 | 12 replies
I would be careful about doing something in an effort to "make positive cash flow".Section 8 has its pros but there are an equal number of drawbacks.
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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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13 December 2024 | 18 replies
Only by reviewing past buy/walk decisions and market decisions will I be able to hone my chops for future decisions.
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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.
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9 December 2024 | 7 replies
So if you are going to be a host that outperforms your competitors and want to get fabulous reviews, there isn’t complete down time if you are self managing at the highest level.