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30 January 2025 | 8 replies
I primarily invest in buy and holds, but I do a little bit of everything including fix and flips, airbnb's, mid-term rentals, and wholesaling.
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7 February 2025 | 1 reply
Previously I'd always used Stessa, which has a great Net Cash Flow statement view, breaking down the usual income/expenses, but also includes a section for Interest/Principal, and another section for CapEx.
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25 January 2025 | 7 replies
Easy sign up for a sole proprietor.I think new flippers are consumers & don't understand a business mindset.
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18 January 2025 | 36 replies
It is only one paragraph, but in consumes the ENTIRE page because I use a HUGE font.
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11 February 2025 | 2 replies
On the flip side, some challenges include rising material costs, contractor delays, and unexpected permitting hurdles—so having a solid plan and reliable team is key.Would love to hear more about your strategy!
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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4 February 2025 | 10 replies
The following quick filters now include HOA-related insights:Active liensPreforeclosuresUpcoming auctionsHope this helps
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28 January 2025 | 1 reply
It should include details like the purchase price, property description, and terms of sale.
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28 January 2025 | 11 replies
However, Montgomery County as of yet has not updated their forms or website, included the landlord/tenant handbook and they are still not enforcing.
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28 January 2025 | 11 replies
Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included.