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22 February 2025 | 1 reply
Kitchen:Demo & Prep ($2,000):DIY cabinet removal, backsplash removal, and some demolition.Professional for disconnecting gas lines and major plumbing.Dumpster rental.Cabinets ($6,500):Option 1: Refacing existing cabinets.
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21 February 2025 | 10 replies
It appraised for $201,000 the other month and I put $103,000 in my pocket after closing costs and paying off the old note.I wish I had about 20 more of those...
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23 February 2025 | 3 replies
Another option would be a co-living arrangement utilizing a company like PadSplit.
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10 February 2025 | 8 replies
on the one hand, if you're happy with it, and you believe in this market, and this is what you wanted, great. the fact that you're asking the question shows that you're being thoughtful about it.with that said, it sounds like you're into the deal for almost $90K out of pocket, and so if you asked me if i would put $90K of my hard earned cash into a property to get $175 month, the answer is no.
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27 January 2025 | 27 replies
Quote from @Joshua Janus: Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!
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7 February 2025 | 31 replies
. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!
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24 February 2025 | 0 replies
What are my options now?
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7 February 2025 | 6 replies
Quote from @David Cherkowsky: Hi all, I'm interested in thoughts on creative financing options for an Airbnb in Northern Virginia.
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13 February 2025 | 12 replies
We have funding options and could also run the project with our resources that we have in my area of Florida.
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24 February 2025 | 5 replies
Your other option is to test it out and see if you can make it work.