George Daly
Weather Impact on Deal Analysis
5 January 2025 | 5 replies
I am wondering how much expected weather of an area impacts your decision to invest in a specific area.Recently looked at Census data which shows that people are predominantly moving to Florida and Texas.
Simon Horowitz
Quick introduction from New York
16 January 2025 | 5 replies
Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck.
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
Always be cautious of what you charge on things like paint, flooring etc.. most judges will use life expectancy and divide out a pro rated amount you could charge the tenant for excessive damage and not normal wear and tear
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I expect my cash on cash return to be over 90%.
Bryce Allen
My First Commercial MF and Commercial Loan
9 January 2025 | 2 replies
While I could have gone lower I am lowering my risk tolerance because I expect a recession in late 2019 to 2020.
Olga Daisel
Advice on investment type
22 January 2025 | 2 replies
Also know that building a home seldom goes as expected - I have relatives that just built a nicer house… they thought it would take 9 months… it literally took 18-24 months between delays in permitting and the builder just not being able to get it done in a timely manner - often due to sub-contractor issues.
Jonathan Small
DIY or hire help for taxes?
21 January 2025 | 6 replies
W2 and 1099 income, 2 kids, renting, and 1 rental.At what point does it make sense to hire tax help and how much should that expect to pay?
Taha Tekreeti
Anyone invested with Ace Properties?
15 January 2025 | 10 replies
Not the cash flow play a lot of people expect.
Saul Vargas
I have $150k and equity on my home, looking 4 a property with some cashflow.
21 January 2025 | 10 replies
Properties here often fall well below $150k, and the market is expected to see home prices rise by 10.5% in 2025.
Sidney Duquette
Strategies for High Equity Growth Properties: Risk Mitigation, Value-Add, Cash Flow
20 January 2025 | 7 replies
Quote from @Andrew Steffens: I think going into an STR purchase with reasonable expectations of cashflow in this current market and rate environment is admirable.