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19 January 2025 | 7 replies
Live in one half, rent out the other.
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20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
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27 January 2025 | 5 replies
@Haresh Patel I am invested in their Pic Car Wash 2,3,4.
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21 January 2025 | 19 replies
One of them is in TX, another one in MA and I am not sure about the remaining.
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19 January 2025 | 10 replies
I have a team of two who do texting campaigns and one who does cold calls.
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27 January 2025 | 2 replies
I think it is fair to say that there is somewhat of a tradeoff between markets that provide positive cash flow on day one and relatively high appreciation-based markets.
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14 January 2025 | 28 replies
These folks also tend to have all of their income and expenses going through a separate bank account so they just need to look in that one account to get everything organized.Self Managed, High Volume, Not Organized at all - this is the type of people that stress out over tax season.
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6 February 2025 | 3 replies
Real life absolutely no one will give away on the internet their investor friendly priced good contractors.
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30 January 2025 | 19 replies
Quote from @Somesh Mukherjee: Hi all, I am looking to diversify & add a small apartment (3-4 units) to my portfolio.
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3 February 2025 | 8 replies
One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married.