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24 January 2025 | 37 replies
We were able to pull all the Rehab cost back out and some extra to roll into our next property.
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2 February 2025 | 20 replies
I have studied things and I feel I would only make maybe an extra grand a year and frankly I don't want to squeeze every last time out of people coming for vacation.Most of our guests are regular people.
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6 February 2025 | 28 replies
Thank you for sharing your experience here; it’s a good reminder to be extra careful when dealing with properties like this.This post has definitely made me realize how important it is to double-check zoning and property classifications before closing on a deal.
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26 January 2025 | 6 replies
So paying the $2 extra for the juice, but being able to portion it out in cocktails that you can charge much more for...
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14 January 2025 | 4 replies
It’s awesome that you want to use your downtime to learn more about the industry and make some extra income as a VA.
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14 January 2025 | 329 replies
Else, move to a smaller unit or take in an extra roommate.
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10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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11 January 2025 | 14 replies
I cannot afford another above the $16,000 which is why I told her $15,000 was the budget.I also stated to let me know of any extra charges that come up so I can watch the number.
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12 February 2025 | 27 replies
No extra unit will ever berented in it.
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13 January 2025 | 10 replies
Eventually people die off and the homes go up for sale cheap, get abandoned and the park owner picks em up cheap and takes in the extra little bit of cash for the POH rental.