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24 February 2024 | 5 replies
A common rebuttal to this is that some people think your time is better spent managing the deals and rehabs instead of spending time doing the repairs yourself (which I don't disagree with), but I believe if you get your hands dirty at least once you will be a much better BRRRR practitioner- able to see where profits can be made and corners can be cut.
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24 February 2024 | 13 replies
Too many people want everything (and now) and don't save up or find ways to cut spending when needed or earn extra income.I also wonder how much of the credit card debt is spending vs balance being carried forward to the next month.
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23 February 2024 | 9 replies
I always knew it was good, but I checked into them on almost every condo that was active and I was impressed that even after the resort took their massive 50% cut to manage everything, the owners were still often grossing over 2k many months for a 250k condo.
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23 February 2024 | 10 replies
Learned to cut that expense, upkeep, etc., and from what I'm learning, just one less thing that I have to worry about as far as inspections.
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23 February 2024 | 8 replies
I think getting someone to manage STR on a daily basis might cut a lot into cash flow.
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23 February 2024 | 16 replies
I have long term rentals like this and I include it in the ad, even then you get people who don't read it however it does cut down on contacts that you can't house.
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23 February 2024 | 13 replies
Also competition that is known to cut rates find it hard to compete with this incentive.
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23 February 2024 | 14 replies
You could simply cut your losses and try to dump it for as close to what you have in it as possible.
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22 February 2024 | 4 replies
We’re close, so close to rate cuts, but Jerome Powell and his fellow Fed members won’t admit that publicly.
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23 February 2024 | 4 replies
Some provide leads, benefits, and bells and whistles, but they keep a bigger cut of the revenue.