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11 February 2025 | 6 replies
Why ask: Live interaction provides an opportunity to gain immediate answers to burning questions and allows you to learn from experts in real-time.
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3 February 2025 | 56 replies
Good luck Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn) bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms Birmingham balt city etc etc.
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7 February 2025 | 2 replies
A kitchen fire in the back unit got a little out of control and burned up to the roof.
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29 January 2025 | 40 replies
No. 99.967% of the time it will be a big fat "no".So to everyone debating the effectiveness of a software, you need to realize what the scope of the software is.Software will return DATA, based on your filtering.
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7 February 2025 | 11 replies
In a worst case scenario like the house burns down or a tenant sues you and you're not insured properly, that's a big risk.
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13 February 2025 | 6 replies
I've been burned renting to friends, leasing rentals to friends doesnt end well.
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3 February 2025 | 4 replies
We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that.
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22 January 2025 | 13 replies
As of 2 hours ago (1:00pm PST), there were a total of 7 fires:Pacific Palisades: over 27,000 acres burned, contained 11%Eaton Fire: over 14,000 acres burned, above Altadena, 27% containedHurst Fire: 800 acres, San Fernando Valley, 89% containedThese fires are contained:Lidia Fire: in Antelope Valley north of LAKenneth Fire: west San Fernando Valley, they suspect this one to be arson, suspect arrested (saw on one news report)Sunset Fire: Runyon Canyon near Hollywood HillsWoodley Fire: in Sepulveda Basin and San Fernando Valley @Becca F.: Any idea how far south the potential for Santa Ana or similar winds goes?
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14 February 2025 | 9 replies
It's been burning a few people lately, and that's why I definitely dont recommend it.
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22 January 2025 | 56 replies
Most of the ultra wealthy individuals sacrifice a lot to obtain their wealth, and I won’t make those same sacrifices.Similarly, I don’t desire to have 5% body fat because I don’t want to put in the effort required for it.I understand that ultra wealthy is subjective, but the main point stands.