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24 January 2025 | 11 replies
Turning the property quickly (you have to run it like an F1 pit crew)4.
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21 January 2025 | 5 replies
Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.
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31 January 2025 | 8 replies
If I can get around this situation, it would be worth carrying some costs for a couple months but if eviction prolongs, a good deal will go bad quick.
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2 February 2025 | 10 replies
A true levelized cost of energy (what the true price would be if it were an actual free market) gets very complicated quickly and it's basically impossible to calculate accurately due to the energy industry being so heavily manipulated by incentives from the government for so long, across all forms of energy.
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17 January 2025 | 5 replies
If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.
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29 January 2025 | 16 replies
There's lots of opportunities in developing neighborhoods, but also seems a bit saturated at the moment.Also, definitely budget security (remote control cameras, alarm system, etc.) for your properties, as there are a lot of people who occupy themselves by breaking into houses and stealing anything they can sell.Lastly, there are a ton of contractors looking for a quick buck.
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23 January 2025 | 9 replies
This allows us to close extremely quickly, which is an important competitive advantage.I don’t know how to read our own tax returns, and I’m certainly not going to read yours.
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4 February 2025 | 12 replies
@Travis Gutting hi Travis, most of my deals have come from the MLS and being able to act super quickly when a good one gets listed.
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15 January 2025 | 6 replies
I recently joined the forum and would like to quickly list my requirements without much ado.1.