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15 July 2024 | 23 replies
But I'll stay in my box.Notes: * - My investing: generational (long-term 20+yr) rental holds, "starter home", 1978+, SI (Stability Index) > 90, CI (Confidence Index) > 90
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10 July 2024 | 3 replies
Make them based on what your tenants need (not want) which would also allow for them to customize (furniture use) to their tastes.I wrote a book on this a number of years ago that touches on a lot of these things, but it was focused on my specialty, "Energy Efficient, cost effective homes".
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10 July 2024 | 9 replies
Avail has been great for me as their listing syndication and legal lease generation features make management easier at a reasonable price per unit.
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10 July 2024 | 11 replies
If you are paying a property manager and still generating $84,000 cashflow on $800,000 equity, your return on equity is over 10%.
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12 July 2024 | 281 replies
After the third time, we tell him we want to do a pilot study of life bulb longevity and energy savings.
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9 July 2024 | 11 replies
They just take more time, energy, and willingness to take risk through quick action.
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10 July 2024 | 5 replies
House hacking involves buying multi-unit properties, value-add properties can be improved, short-term rentals generate higher income, lowering purchase prices through distressed properties, and creative financing options.Good luck!
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10 July 2024 | 112 replies
But real estate is a better long term wealth generator.
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11 July 2024 | 22 replies
Whether it is better to pay down the loan or invest the funds elsewhere depends on whether one can generate a higher (risk-adjusted) return than the interest rate on the loan.
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11 July 2024 | 12 replies
Add in that money goes out many months before any generated income, the worse financing options versus purchase financing, the detraction of something (even if it is just yard space) from the primary unit, the work involved even hands off is at least as high as a BRRRR but a brrrr can provide an infinite return.