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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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28 January 2025 | 1 reply
It should include details like the purchase price, property description, and terms of sale.
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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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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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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 | 11 replies
Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included.
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20 January 2025 | 32 replies
In Phoenix, a 1996 build is practically brand new when compared to a WWI-era home in Cleveland or Pittsburgh or some other Midwest or East coast city.While I agree that older homes come with more problems, buying something newer may not work as the price will be higher and won't cash flow as well.I'm of the mindset to buy what fits your budget and investment goals.
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1 February 2025 | 1 reply
This includes and is not limited to Sidney, Walton, Norwich, Otego, Bainbridge.
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10 February 2025 | 9 replies
Next steps include analyzing deals, connecting locally, and studying financing options.Good luck!