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7 October 2024 | 16 replies
Cash flow has been really nice but we do have some maintenance/CapEx expenses like all homes have: thus far $5000 for a new condenser, $1000 for a new fridge, and $2000 for pest control.
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6 October 2024 | 5 replies
Better market than other towns north on 69 highway in my opinion.
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4 October 2024 | 8 replies
My personal soapbox statement - Airbnb is an abusive spouse that slowly people are waking up to realize they are in a controling abusive relationship and they start to develop an escape plan (more platforms/direct website) so they are no longer relying on Airbnb.
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7 October 2024 | 190 replies
I don't like the lack of control of any passive investment whether it be stocks or cryptocurrencies.
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6 October 2024 | 2 replies
He shouldn't care if you are getting bank financing or paying in full with cash.It's normal to do a final inspection the day of closing to be sure all work orders have been completed and nothing has changed unexpectedly.The seller does not control the buyer's agent commission unless the seller is going to pay that commission.The emd should be held by an escrow company or attorney, not by some "company".
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8 October 2024 | 10 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
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7 October 2024 | 2 replies
Transparency, I thought I would never be able to afford Alexandria either.We showed up to Old Town Alexandria and started renting. 4 months later we found an affordable house in Woodbridge we could get into for a year with low down, then rent it, in the mean time we recoup the capital from our other 2 properties to go buy again after that 12 months.
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9 October 2024 | 312 replies
But I assume the best syndications are the ones that aren't advertised and that you don't know about...I plan to stick to individual properties (high control, low liquidity) and REITs (low control, high liquidity).
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8 October 2024 | 10 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
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4 October 2024 | 35 replies
His hint was that it is the responsibility of the contractor and PM to make sure it is secured as they knew I was not in town on a regular basis.