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18 October 2024 | 37 replies
While I have no interest in spending my time on a bunch of "ask-holes", actionable persons, there is simply no reason for $40k.
11 October 2024 | 6 replies
Long story short I purchased a home in an overinflated environment for $500k. I got the 5% downpayment from a HELOC.The mortgage and hold cost is a lot for me (over $4k). I struggled with getting property manager sinc...
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13 October 2024 | 54 replies
Do you have to bust a hole in the wall or dig holes everywhere - how much does that cost?
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15 October 2024 | 26 replies
I spent numerous hours researching from multiple sources the whole LLC question and asset protection matter and all the rabbit holes it opens.
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11 October 2024 | 16 replies
If you had enough bookings I wouldn't go too far down the rabbit hole if the person isn't super serious.
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11 October 2024 | 15 replies
I would argue that the premium is valid due to the value I added to the property by getting the legal structure and agreements in place, then finding like-minded buyers.I'm looking for people to poke holes in my logic.
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11 October 2024 | 26 replies
I also suspect there are no drainage provided.
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30 October 2024 | 236 replies
Then they throw it all back on them another 30 or 60 days later and further in the hole. maybe a 20% down payment in addition to the previously mentioned cautionary bold print.
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9 October 2024 | 9 replies
The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.
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11 October 2024 | 56 replies
Spackle and paint numerous times, fill holes in the wall, have had to wake up early to move my car due to the parking situation, etc. - Have had to sit down all five tenants and reset expectations in terms of cleaning (including the 68 year old co-worker).3.