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30 January 2025 | 10 replies
I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.
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31 January 2025 | 4 replies
Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out.
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22 January 2025 | 5 replies
Go places where you can connect with potential buyers and sellers.
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9 February 2025 | 15 replies
A nightstand or dining with 70 pieces is a major bottleneck and keeps your team from moving onto other tasks, whereas one that is already assembled might cost $50-100 more but only takes minutes to unpack.
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24 January 2025 | 4 replies
Tariffs on goods and potential reduced labor force (illegals being deported) to build.I can't see changes in S8 benefits.
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4 February 2025 | 31 replies
G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success
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26 January 2025 | 4 replies
Also you should inquire with insurance agents about the cost to insure.
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28 January 2025 | 6 replies
Germantown has better cash flow potential but may require more hands-on management.
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27 January 2025 | 17 replies
You may be able to see if a retailer still sells the 2024 version.If you can't get the one time purchase, you would need to see if the cost is beneficial.For real estate - Quickbooks desktop > Quickbooks online because you can set up multiple entities within quickbooks desktop and not pay an additional cost per entity that Quickbooks online would charge you.Best of luck!
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31 January 2025 | 3 replies
Without this workout, the down payment requirements, current levels of interest rates and cost of the transaction would not be incentivizing enough to for investment.