
11 July 2024 | 4 replies
You would still want to be sure to buy a nice home in a good area to ensure that you are not coming out of pocket for years to come, and will attract quality tenants.Option 3 could work, but I agree that maybe you wouldn't want to give up that prime location and that sweet low interest rate!

10 July 2024 | 11 replies
Good quality detergents are almost specifically designed for those sorts of stains.

9 July 2024 | 1 reply
I am looking for any feedback or experience on the quality and accuracy of the data.https://map.reventure.app
10 July 2024 | 4 replies
We purchased it because the house was a good price compared to the same quality in OKC.

11 July 2024 | 22 replies
There is no trick, think of it this way: you have a principal to pay off ($175k, so you could do 175 months x $1,000) and as long as you do the outstanding balance generates interest.Your mortgage payment is PITI, you always have TI, principal you pay in your own pocket and interest is a tax write-off.But from a cash flow point of view paying one off first is better, because you save both the principal and interest portion, which comes out to about $1050.

11 July 2024 | 6 replies
For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

9 July 2024 | 7 replies
Seems expensive to me but may be worth it to have quality tenants.

10 July 2024 | 6 replies
Replacement Cost: the cost to rebuild the structure from the foundation up with the same kind and quality.

10 July 2024 | 11 replies
At the end of the day the goal should be to make enough to give you an optimum lifestyle but not go overboard and cause yourself more work/hassle if you don't actually need the additional income that comes from it.Increasing the quality of the area/properties should make it easier management wise and if you don't necessarily need the cash flow now could end up ahead in overall return compared to the lower end areas, especially if you use leverage.I think it depends on your source of active income as well and how long you want to continue doing that for.

6 July 2024 | 2 replies
As a quick-and-dirty approach I use school quality as a way to guestimate neighborhood quality.