
29 January 2025 | 5 replies
.+ Cash out refi on those after seasoning period.+ Buy more, repeat.

3 February 2025 | 15 replies
Let's say you split the cost of furniture over a 12 month period amortization rate.Furniture costs: $583Rent $1500Utilities $150Total Cost = $2233After vacancy costs, your monthly rental revenue is actually only $2240 Formula for vacancy (2800*12)*.80You're not making money.

18 February 2025 | 21 replies
Houston also added 1.4M to the metro population in that period of time.

31 January 2025 | 7 replies
Otherwise, if you are referring to ETF's such as Spiders, or QQQ, the the holding period rules apply.

29 January 2025 | 5 replies
Even if you get something in escrow right away, it's still a 30-45 day escrow period before you would get paid, unless you are working with cash Buyers.

4 February 2025 | 4 replies
. - Despite 3 tenants in under 3 years, it has done very well for us and has only been "vacant" for 15 days in that period, and has great cash flow, ~$1000/mo due to ~50% equity in the property, and a low covid-era interest rate. - I have been saving ALL of my cashflow into its own account to accumulate to buy the next rental (totaling ~$24,000).

7 February 2025 | 7 replies
Now that the six-month seasoning period has ended, I’m considering refinancing the property.

5 February 2025 | 29 replies
Thus the money partner may realize a higher profit within a 3-year period of time than they may get with other investments such as a 25% or higher return per year for the 3 year estimated length of the investment. - The money partner doesn’t need to worry about the financing or keeping the debt in their name which may reduce risk for the money partner.Long-term tenant to reduce turnover.

27 January 2025 | 13 replies
These agencies began calling me non-stop, demanding I fix the heater immediately and provide the tenant with hotel accommodations during the repair period—or else I’d be issued tickets and face daily fines.I won’t go into detail about how I feel, but anyone in my situation would feel like they just swallowed a bitter pill.

29 January 2025 | 14 replies
-Build a strong network in Detroit of real humans over a period of months, buy a better deal, hold it for 10+ years, weather early storms: better chance for success.Even on that latter deal though, are you going to cash flow in month 1 or year 1 or even year 5?