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26 January 2025 | 11 replies
Alternatively, I feel that a property manager could probably rent the property out and cash flow even after they take their cut, but I am worried about the screening process and potential tenants destroying my new home.
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25 January 2025 | 12 replies
If you use a PM, you are cutting heavily into your profits.
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21 January 2025 | 14 replies
We don't pay vendors by credit card or cashapp because it is far too hard to keep the accounting straight with a high volume of transactions to do that.
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28 January 2025 | 22 replies
This way, you can easily revisit details and pick up right where you left off.Avoid cutting corners to save money, as it often costs more in the end.
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22 January 2025 | 4 replies
I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.
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18 January 2025 | 17 replies
Just looking at Zillow I’m having a hard time making the numbers work between prop taxes, insurance, management on 20% Down vs cash currently earning 5% (albeit that 5% going away soon with rate cuts) To be completely honest, there's not much right now that will give you decent cashflow without getting into a full rehab.
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7 February 2025 | 31 replies
Looking for 1% deals will be cutting things close.
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7 February 2025 | 40 replies
There's a transaction fee cut off each payment (to cover the cost of the company that handles the transaction).
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19 February 2025 | 42 replies
Heavy cases of clear cut fraud and flat out lying to their investors.
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22 January 2025 | 22 replies
I would also cut down on the photo count.