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12 October 2024 | 25 replies
For example, suppose you need $5,000/Mo to replace your current income and the cash flow from each property is $300/Mo.
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10 October 2024 | 11 replies
Quote from @Gregory Wilson: My post was supposed to address the cost of borrowing money.If you borrow $100,000 of your primary home equity at 7% and then invest it in a property that earns a 12% return, you effectively make a 5% return (12% income - 7% expense).
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9 October 2024 | 2 replies
I suppose this is a good problem to have, but the liability potential has me convinced I need to speak with a proper lawyer and CPA professional.I have read through Garret Sutton's first book (Start Your Own Corporation).
8 October 2024 | 8 replies
If it says they are supposed to stay for a year, then they are supposed to stay for a year.Regardless, you should follow the law.
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8 October 2024 | 15 replies
I was after their tail for 24 hours before check in and heard nothing until right before we're supposed to arrive. 24-20 hours is more than fine, and I don't know of anyone that has had issues with that time frame.
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14 October 2024 | 420 replies
There is zero talk of that at the Subto "community" (Bad news interferes with increasing the sales, cuts into the profit margin I suppose).
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8 October 2024 | 9 replies
The technician supposedly replaced the doorknob with new one; which probably pushed the price higher.
6 October 2024 | 3 replies
What was supposed to help the market, just went the wrong way.
6 October 2024 | 1 reply
Once we made our offer, we discovered the zoning is R1-6 and it's technically supposed to be Single Family.
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10 October 2024 | 24 replies
We were granted a walk through and was able to talk with the tenants which made the decision to but seem easier i suppose.