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6 December 2024 | 25 replies
As I see it in the current market, STR is now a way to get a really good, appreciating asset to pay for itself, not a way to produce a meaningful amount of cash flow after all expenses.
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30 December 2024 | 103 replies
Our 2025 goal is at least 2 income producing properties, with usable equity.
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30 December 2024 | 819 replies
Morris Invest has phone call slots available TOMORROW!
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5 December 2024 | 2 replies
Other distractions include non income-producing activities - aka any distraction pulling you to do something other than speaking with and following up with people.How can I prepare myself?
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8 December 2024 | 26 replies
I would also recommend looking at cities close to Greenville, like Anderson, Easley, & Simpsonville as well since Greenville can be competitive unless you are looking at off-market deals.Also the non-occupancy tax would be based on the tax assessed value of the property and not the income it produces.
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7 December 2024 | 9 replies
If I'm looking to househack with my family (I had a toddler and a newborn the last time we did it) I might be interested in 1/3 of these neighborhoods, of which a few will absolutely produce some income (assuming you're number's aren't ultra-conservative) upon moving in year 2-3.
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4 December 2024 | 17 replies
I then look at area vacancies, economic conditions, employment opportunities, area demographics and verify that the property has not been red tagged or have any other underlying problems that might make it difficult to resell or rent.When I have my financial information then I can consider debt service and costs related to equity partners in the overall income produced.
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22 December 2024 | 105 replies
Looks like a young group of professionals with not enough experience, navigating through various market cycles to produce an accurate business case.
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2 December 2024 | 33 replies
Fed's "create" things by "making it rain" to create the actual producers to produce.
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10 December 2024 | 100 replies
The automobile existed for decades before Henry Ford produced the Model T.