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30 January 2025 | 32 replies
You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.
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7 February 2025 | 12 replies
Have the tenants take and send pictures of any maintenance items and video chat with the repair person as needed.If you ever get in a situation where you just feel like you can't do it or don't want to do it, you can always put a PM in place at any time.
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22 January 2025 | 12 replies
Quote from @John Friendas: As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like?
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7 February 2025 | 13 replies
In 2021, my company earned just under $1,000,000 in net revenue and I personally pocketed about $325,000.
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20 February 2025 | 1 reply
The days of quick, minimal-effort flips yielding massive returns are largely behind us, but prepared investors with an eye for neighborhood-specific improvements can still achieve healthy profits.The most successful flippers in today's Phoenix market are those who:- Conduct thorough due diligence on neighborhoods and price points- Build robust contractor relationships- Focus on sustainable, energy-efficient renovations- Stage properties impeccably for the target buyer demographicFor those willing to adapt to changing market conditions, Phoenix continues to offer one of the most dynamic house flipping environments in the Southwest.
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14 February 2025 | 5 replies
I think a large part of building wealth is being optimistic and paranoid/scared to death at the same time.
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31 January 2025 | 17 replies
(Either with the roofing company, a heloc, or a personal loan.)Either way you will probably be way ahead on interest saved unless you have a sub 6% interest rate.
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17 February 2025 | 3 replies
And the insurance industry is largely unregulated relative to other states.
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11 February 2025 | 25 replies
Quote from @Michael Fucillo: I have not used RentVine but I know some large PM companies that use it and think it's great.
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20 January 2025 | 8 replies
But then again a large swath of syndicators that jumped in when they did have had major struggles to full blown liquidation and 100% capital loss's..