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20 January 2025 | 12 replies
Also a lot of services were very cheap compared to what I was used to I would buy there again in a heart beat.
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23 January 2025 | 10 replies
It sounds to me that owning a multifamily home would allow you to reach that goal faster because of the higher cash flow.
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15 January 2025 | 14 replies
Nobody watches your money like you do, you'll learn how to manage, so you can manage a manager later and you'll save precious early-years cash flow, which allows you to scale faster, especially in the first 5 years.
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14 January 2025 | 39 replies
I've only been in a week so far, I'm hoping there is a little more structure for new members than there seems to be at this point.
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24 January 2025 | 17 replies
Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.
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18 January 2025 | 10 replies
Adding and making better could sell or rent faster, but it won't get you more than what the market ARV and rent is set at from other similar comps in the area....and your Interior Design background will help, if you you it mostly as an understanding of cost.
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5 February 2025 | 28 replies
Interior drawer depth (front to back) needs to be at least 14".
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26 January 2025 | 17 replies
So don't beat yourself up, it's not you, it's the market.
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12 February 2025 | 32 replies
I have a theory that Twilight drone shots are hard to beat, but others would argue differently.
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11 February 2025 | 31 replies
Second year distributions rise to 5.27%, third year 7.27%, according to the projections.Those projections may be at risk, for many reasons: the recent huge increase in interest rates -- increasing the cost of loans and decreasing valuations, insurance costs have skyrocketed, real estate taxes are up, labor and material costs for repairs & renovations have increased, etc.On the plus side, the majority of the ODC funds were designed to be high value add projects with plans to increase operating efficiencies, add tenants and raise rents.