Jimmy Lynn
Budgeting for Your Property Rehab: Tips and Tricks for Keeping Costs Under Control
16 May 2023 | 1 reply
Create a detailed plan to avoid making impulsive purchases or changes during the project, which can lead to budget overruns.Account for Hidden Costs: Anticipate and factor in hidden costs such as permits, inspections, disposal fees, and temporary storage if needed.
Julia J
Rent payment direct deposit
14 February 2018 | 30 replies
My impulse for this direct deposit is for the 8 unit in Cleveland and maybe the new 6 unit.
Donny Frusciante
Down payment of 160k or 0 down and invest the 160k?
20 July 2023 | 29 replies
My impulse would tells me to put 20% down to remove the PMI on my primary home and lower it even further but hold on that.
Steven Libman
The Driving Force Behind Market Gains in 2023
21 July 2023 | 0 replies
It creates anxiety about being left out, leading to impulsive decisions without proper risk evaluation. ● Overestimating Good Times and Ignoring Cycles- Overestimating good times and ignoring cycles is a cognitive bias that makes investors believe in the endless continuation of bull markets.
Norris Frazier
Closing on 1st Investment property on the 31st
11 January 2023 | 35 replies
Seems like you just committed impulsively.
MarieChele Porter
Renting to a violent felon?
22 January 2021 | 101 replies
I did not act on my brotherly impulses because it would of done nothing to bring him back and two wrongs don’t make a right !
Joshua Michael Hauman
Decoding the Power of Prospect Theory
20 June 2023 | 0 replies
These emotions can affect risk perception and lead to impulsive or irrational decision-making.
William White
Physician looking to get started in REI
5 December 2020 | 39 replies
I bought my first two SFH last year in MI, they are ok and generate income but it was far to impulsive.
Chai Jonn
10 units in 10 years. Need Advice
21 March 2016 | 56 replies
As someone who can be a bit impulsive, planning and sticking to it are going to be the best antidote.
Courtney Mccrear
Trying to househack a multifamily in Austin!
16 August 2023 | 12 replies
If you're miserable in your housing situation, it may make you act a little more impulsively down the road (and impulsive is never a good thing in real estate).