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12 January 2025 | 1 reply
It has a lot going for it from a long-term rental/cash on cash return perspective, but I’m not too sure about short term rental demand and occupancy.
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11 January 2025 | 6 replies
Whatever you do, leverage smartly—DSCR loans can help you buy more without draining your cash, and depreciation will handle your tax burden for 2024.
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12 January 2025 | 13 replies
Cash available: 100k
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12 January 2025 | 8 replies
Personally, I think I would stack some cash for a year or so while I did this.
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17 January 2025 | 3 replies
With that she can determine, of the cash received how much should be set aside for taxes, then gift the ex-spouse a potion.
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13 January 2025 | 2 replies
I've seen many people suggest a cash out refi but I like the flexibility of the heloc.
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13 January 2025 | 11 replies
Then over the course of the first year or so, if you could raise the rents by a total of $1k/mo (they are currently $2k, $1k, and $1k), then you might be able to pull out about $60k-$80k in a cash out refi.
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13 January 2025 | 5 replies
So seems like a decent play for cash flow but not much for appreciation.
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22 January 2025 | 22 replies
Initially, the business was cash-flow positive for the first three months, but things have declined since then.I received several negative reviews due to cleaning issues, and it took me over a year—cycling through multiple cleaners and settling for an average one—before finally hiring a great cleaner.
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13 January 2025 | 10 replies
Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental.