
5 March 2025 | 6 replies
Just guessing the numbers.If we put down $400,000 together with an interest rate of 7% (it could be higher), then im guessing the monthly mortgage with insurance and tax would be around $3,886.If each unit rents for $1,500/month: Total Monthly Rental Income: 1 , 500 × 4 = 1,500×4=6,000 Monthly Expenses: Mortgage (PITI): $3,886 Maintenance/Repairs: $500 Property Management: $600 (10% of rent) Vacancy Reserve: $300 (5% of rent) Total Monthly Expenses: 3,886+500 + 600 +300 = $5,286 Monthly Cash Flow: 6,000−5,286 = $714We split the profit in half so each person takes $357 a month..How much should we be profiting from this in order to make it attractive to jump in?

2 March 2025 | 95 replies
He's a terrible person.

21 February 2025 | 250 replies
So if you support the "tax the rich" movement you should be applauding tariff's because that "tax" is felt a thousand times more on the person buying a G6 or Lambo than on the person buying Domino's and Diapers.

28 February 2025 | 3 replies
If I can be a help in any way let me know as I believe it's easier for a team or even 2 people to acquire goals than 1 person alone sometimes it takes the village.

8 March 2025 | 4 replies
Any decent lender will want to dig into your business and personal background and will look at the lifetime value of the relationship, not just a one-off deal.You're going to have to jump through hoops, too, like lockboxes or even notification-based factoring for all of your revenue/leases.

8 March 2025 | 16 replies
Private lenders generally have fewer restrictions, a faster process, and can structure loans based on the property’s value rather than just personal income.

23 February 2025 | 3 replies
Personally, I've been in the mobile home investing niche since 2007.

1 March 2025 | 26 replies
Hi @Chad MartinI am a skier and am interested in the idea of buying on/in mountain towns for personal use and short term rental.

23 February 2025 | 5 replies
Ultimately it would boil down to your personal risk tolerance.

21 February 2025 | 7 replies
We also have installed SimpliSafe (and signs about ongoing monitoring outside of the property).As someone else mentioned, it is best to have a plan not to go long stretches without checking in person.