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18 October 2024 | 5 replies
We operate a small retail business out of commercial space in the building with the 4 residential units, which pays me a W2 salary and my wife has a part time W2 job at a vet clinic.
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19 October 2024 | 16 replies
As you can appreciate with your background your audience creates your experience as an investor.PS I am in camp SF, because I wanted the least amount of effort while I am traveling, which used to be for my corporate job, It's for pleasure and we take 6 trips every year with little to no issues
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18 October 2024 | 12 replies
While working, I shifted my focus and started doing BRRRR projects on the side while maintaining my 9-5 job.
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18 October 2024 | 6 replies
Don't start dreaming of quitting your job and living off the rental income (it is possible but will take a while).
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19 October 2024 | 30 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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18 October 2024 | 29 replies
With over 50 great reviews, most people can probably see through the occasional high-maintenance guest.Replying could be a good move.
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17 October 2024 | 2 replies
He said its so much because its a delicate job but I have a hard time with that price.
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13 October 2024 | 16 replies
I predict it is a part time to full time job on the phone and searching Zillow etc to get an occasional deal maybe at best once every month to as far apart as just a handful a year.
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17 October 2024 | 2 replies
They will explain the process and the cost and talking to them as a consult for a possible job is free.
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17 October 2024 | 9 replies
No different from having a contract 1099 job, really, as it IS a job, unlike rentals.