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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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9 January 2025 | 9 replies
I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.
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2 January 2025 | 18 replies
If after interest rates spiked a buyer waited for them to drop back to 7%, they would have waited 21 years til 1993 for them to get that low again.Hope he isn't holding his breath.
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23 January 2025 | 165 replies
Wood has an ignition temperature of about 700F.
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26 December 2024 | 2 replies
If the temperature goes below freezing point, pipes might burst.
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5 January 2025 | 8 replies
Pittsburgh ranks #5 on Marcus & Millichap’s list of high-yield multifamily markets.Pittsburgh’s unemployment rate (4.7%) has dropped by 17.5% over the past 5 years.Pittsburgh is experiencing a demographic shift.
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7 January 2025 | 0 replies
Maybe you planned for interest rates to drop and they didn’t.
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25 January 2025 | 25 replies
The idea of dropping money in an index fund and forgetting about it can seem like you are not doing anything.
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15 January 2025 | 11 replies
The request was quietly dropped, but Taylor never acknowledged her error or apologized.
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4 January 2025 | 67 replies
The down sides to an all concrete house is temperature retention good or bad.