Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
So, maybe do 30-50% down, for better cashflow and make sure you have reserves for mortgage payments in case there's a rental market dip in the future.DM us if you have any more questions:)
Joshua Lanzieri
PLS HELP!! Property manager spend $8k over budget
11 January 2025 | 14 replies
However, if you clearly communicated a $15K budget, I’d stick to that and ask them to discuss the overages with the contractor to find a resolution.As a side note, always try to maintain reserves for your properties.
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
And always have reserves to handle any unexpected issues.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Overall, these measures underscore the federal government’s effort to alleviate the financial strain on those affected by natural disasters.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
Just the nature of the business....
Mitch Smith
Top Renovation Trends for 2025: Designs That Our Buyers Love
10 January 2025 | 2 replies
Today’s buyers want spaces that flow naturally and maintain functionality.
Willie J Baxter
Creative financing tips?
9 January 2025 | 3 replies
I'd recommend having enough to close on the deal + rehab + $5k in reserve as a minimum.
James Wise
Why do people Buy Property in California
14 January 2025 | 190 replies
For some reason we human love to try fighting nature, thinking we can "tame" it, despite failing a whole lot at it.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
13 January 2025 | 21 replies
This is where everyone started.Residential investing is very forgiving by nature, you have to try hard to really screw it up.