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7 February 2025 | 41 replies
One thing to consider is that in terms of wealth building and Kiyosaki's Cashflow Quadrant, owing a rental and doing work yourself is putting you in the self-employed quadrant, not Business Owner or Investor.I think there are a lot of factors stacked against California for long term rentals, and I think you know it too!
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21 January 2025 | 4 replies
Ideally I’d like to get to $10,000-$15,000.
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3 February 2025 | 15 replies
While turnkey properties are more commonly used for DSCR loans due to their immediate cash flow, fixer-upper properties can still qualify depending on a few factors.
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23 January 2025 | 2 replies
Recently, a lot of the market factors that kept people away, are the same that are drawing attention.
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22 January 2025 | 11 replies
Do you have an ideal type of and location within TX/Dallas for a flip?
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18 January 2025 | 1 reply
When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc.
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13 February 2025 | 22 replies
Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.
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30 January 2025 | 8 replies
I could write a whole book on this topic, but this is what came to mind.3) There are a few factors that I consider when picking the city.
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1 February 2025 | 13 replies
I can't always be there for my projects, so as I'm trying to implement a system that allows me to always factor in a GC.
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20 January 2025 | 6 replies
Ideally want to break even or cash flow with the 3 tenants.