Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
Part of my issue was not having a reasonably priced handyman ahead of time and eventually overpaying to just get it done and also inexperience as a manager.With that said, you essentially have two options: very cheap properties in less good areas (you're looking at 100k or less--which you might have trouble getting a good lender for) or trying to do some sort of house hack (e.g. live in flip, live in rent by the room, multifamily) where you budget will be closer to 200k-300k.Personally, I would not look at real estate until you are maxing out your 401k and IRA, but lots of folks have done significantly better with real estate than stocks and would think I'm crazy for suggesting this.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
The first indication is you spent $290k for $1800 cash flow or a 0.62% monthly ratio.Rent $1800 - PITIH $1480 - $180 (pm) - $90 (vacancy at 5% which is lowest i ever allocate in my underwriting and likely low per the OP description of a lot of new development) = $50 for all other expenses.Maintenance/cap ex on 4/2, 2100’ will exceed $300/month even in cheap labor markets on sustaining basis.
Tim W.
Invest for Cash Flow or Appreciation- Which do you favor more?
22 December 2024 | 7 replies
Buying well built properties - or cheap enough that they fully redid them3.
Chris Berezansky
Rental and Utility Data Request for Data Science Capstone Project
17 December 2024 | 1 reply
its not cheap but its pretty good data.
Gabi NA
Young college student looking to buy their first property for Airbnb or Rental
17 December 2024 | 12 replies
Rental arbitrage was hyped up when money was cheap.
Samuel De Leon
Help on a Bridge loan
19 December 2024 | 4 replies
They are not cheap by any means (expect double digit interest rates) but they are available.
Tom Gorrell
Fair Price for CPA to do taxes
19 December 2024 | 25 replies
Often times, cheap is expensive!
Shawn Nofziger
Real Estate License? Yea and nah?
20 December 2024 | 19 replies
I am going to be the contrarian on this subject.. 1. the pre license course is valuable as it teach's the vocabulary of real estate and the basic laws of your state.. its dirt cheap and one of the better ways to build your foundation. 2.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
So what many do is they try and do it on the cheap, and get death by thousand needles instead of making the investment.
Marc Shin
STR Furniture - cheap vs expensive
2 December 2024 | 10 replies
Anything decorative go as cheap as possible.