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27 December 2024 | 5 replies
Thanks @Chris Seveney and @Jonathan Greene !!
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28 December 2024 | 3 replies
It's been a while but I've read David Green's BRRR and Long Distance books.I'm interested in small single-family BRRR investments.
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2 January 2025 | 13 replies
Just be the absolute best host you can be for the first year -- communicate clearly and quickly, make sure cleaning is top-notch, make sure all amenities work (hot tub is hot, TV remotes have batteries, etc. etc.)
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4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
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26 January 2025 | 51 replies
Now, if they are following SEC regulations, these should be spelled out in the PPM, but they might not all be in some glowing, highlighter-green table.
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26 December 2024 | 5 replies
Quote from @Jonathan Greene: Why did you choose Roofstock for a one-off investment property in the first place?
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15 January 2025 | 144 replies
.: Quote from @Jay Hinrichs: Quote from @Alexander Greene: Quote from @Jay Hinrichs: Quote from @Alexander Greene: Quote from @Chris Seveney: OK.
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5 January 2025 | 24 replies
Even David Greene had some bad experiences that last few years.
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28 December 2024 | 1 reply
It's not just about slapping a price tag on stuff; it's about effective communication and making sure you get those green bills in your hands.
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2 January 2025 | 3 replies
Have them clean up, Paint, and learn.