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9 August 2024 | 10 replies
They pulled the trigger on getting a house because they found themselves constantly paying for costly hotels when visiting and having to pay both of our rent.
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8 August 2024 | 32 replies
I'm a newbie to real estate investing, so little words are very much appreciated :)Big picture if it helps: I'm exploring an all in one so I can plop extra savings into it until I'm ready to purchase additional properties and then can pull the money from the all in one for a downpayment elsewhere and then will continue to throw money into the all in one from my main job as I save for additional downpayments.
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8 August 2024 | 17 replies
Maybe it will help you get some work done and reduce the amount you need to pull from other sources.
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7 August 2024 | 4 replies
As an agent I could pull it off, but someone who doesn't have experience, you can do more harm than good.
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9 August 2024 | 20 replies
BUT for maintenance fees: They hold $500 (from the owner) for any repairs and maintenance, and that will be refilled to that $500 - which is pulled out of the tenant's rent the following rent payment.
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7 August 2024 | 13 replies
Also, if you can do a renovation and pull money out to pay it off, I think that would be ideal.Another idea would be to utilize other people's money for the renovation and then pay them back whatever rate they desire through a simply interest note.How is the STR doing in the Smokies?
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7 August 2024 | 6 replies
If you were looking to hold, you MIGHT be able to pull off something closer to those numbers but you'll see slow appreciation and most likely be in a C-class area, which means more pro-active management.
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9 August 2024 | 25 replies
Do they pull reviews from the Short term rental aggregators?
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7 August 2024 | 0 replies
Purchase price: $85,000 Cash invested: $150,000 Contributors: Hannah Holland BRRRR in a small pocket of SFHs that is surrounded by commercial near downtown, therefore our lot is zoned commercial, not ideal for pulling out as much cash as possible, BUT due to Weatherford STR regulations, I am now eligible to STR this "commercial" property.
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7 August 2024 | 32 replies
Pulling money from a retirement account and paying penalties is almost never a good idea.