
9 October 2024 | 9 replies
After years, I have changed my mind...I think it's worth it to have the 'annual inspection' at least every couple years :-) HVAC units are expensive to repair/replace.

11 October 2024 | 11 replies
I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.

9 October 2024 | 8 replies
Focus on maintaining good credit and building cash reserves to qualify for better loans and manage expenses.

9 October 2024 | 3 replies
In fact, right now Prop 33 is being voted on in this year's election.Other states like Texas and the Carolina's will be a little less expensive, so you can put less down.

9 October 2024 | 2 replies
The inputs for the image in this screenshot are as follows:500k purchase price duplex.Rent each side for 2k/month (this is after you move out)5% down paymentClosing costs: 7k6.4% interest rateInsurance: $250/monthUtilities (paid by owner): $400/monthVacancy budgeting: 5% of monthly rentMaintenance budgeting: 8% of monthly rentCapEx budgeting: 7% of monthly rentEven though you are negative $312/month after budgeting for future expenses, your net worth ROI is massively positive.

8 October 2024 | 3 replies
The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.

11 October 2024 | 7 replies
While this guide provides a detailed procedure for conducting a property title search, its purpose is to help you avoid the significant expense of conducting title searches on hundreds of properties.

9 October 2024 | 8 replies
It's often more expensive but can work if the cash flow from the properties supports it.3.

10 October 2024 | 23 replies
For some people, taxes are by far their largest expense (near 50% marginal rate, and that's just income tax...excludes all the other taxes).

8 October 2024 | 17 replies
Basically, if your deal is a deal - it's going to sell at a good % You will not need additional, expensive dispo tools or Joint Ventures.