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21 December 2024 | 1 reply
Purchase price: $271,000 this is the first property I bought, I put 0% down on this, it cashflows me about $350 a month. this property was a good investment, and I think I got lucky. my real estate agent found this for me as it wasn't being sold on market. truly a gem.
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25 December 2024 | 2 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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23 December 2024 | 1 reply
However, if I had started off with a house hack, I could have lower my monthly mortgage tremendously which would have helped me build up my savings at a much quicker pace than I had.
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12 December 2024 | 2 replies
I am not seeking to charge each tenant, only seeking to remotely monitor each buildings water usage to identify costly waste/problems early as possible.
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19 December 2024 | 13 replies
And your simply charging points and keeping the points and then a service fee. ( interest rate delta).
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24 December 2024 | 4 replies
I chose the cabin based on comps from the last 6 months in my area.
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23 December 2024 | 9 replies
That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.
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18 December 2024 | 12 replies
We even allow pets but charge $50.
23 December 2024 | 9 replies
AND The balance on one statement is < 100 and other not enough to cover the first months rent and deposit.
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20 December 2024 | 18 replies
The only thing I'd add is to do an 18 months lease or so, so that when the next lease is up you'll be in the warmer months.