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8 January 2025 | 11 replies
It helps to build a good network of reliable contractors, especially if you’re investing out of state.Section 8 has been a part of my strategy, and while it’s not all rainbows, it’s been a solid way to build consistent cash flow.
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8 January 2025 | 11 replies
I would invest in having professional photos with plenty of pics to capture the place.
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23 January 2025 | 20 replies
For us to guarantee a deal, it is contingent on them making reasonable effort (3-5 hours/week consistently, for example).
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3 January 2025 | 42 replies
Good to hear there’s consistency over time.
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7 January 2025 | 6 replies
Long Backstory, but my Dad owns a house in Greensboro, NC but has not lived in it consistently in 4-5 years.
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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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11 January 2025 | 13 replies
You need to work with a lender that will utilize STR 1007 Data and/or AirDNA Income on a REFI.Tough deal but we do this consistently.
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15 January 2025 | 144 replies
Since you retain control of your money, how does one consistently maintain 30-50% cash on cash return?
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14 January 2025 | 17 replies
There is also Niagara Falls, Ontario which seems to have a more consistent flow of visitors throughout the year.
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21 January 2025 | 35 replies
Here on planet earth it takes longer than 5 hours to do that job and people who do consistent work don't work for $2 dollars an hour.