Charlie Krzysiak
Advice For After College (CONDO v.s. HOUSE)
27 November 2024 | 13 replies
Also Since you plan to live there for 3-5 years, it’s easier to manage and maintain, giving you time to learn the ropes of real estate.That said, be mindful of high HOA fees, as they can eat into your margins and affect future cash flow.
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
To replace the roof on a home with solar panels, to maintain the solar panel warranty, you will need to use their company to remove the panels, store them safely during roof work, and then use their company to replace the panels and make sure they are working again.
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
21 November 2024 | 4 replies
- How can I best estimate a breakeven point, and what techniques help maintain positive cash flow through all stages?
James Wise
Exposing more of Bob Prisco's (AKA Bob Stevens) Lies
21 November 2024 | 6 replies
Like "renting to section 8 tenants is actually really easy", "your agent is not on your team just connect with people like me doing hundreds of deals every day and use my team instead", that hood properties will have "15-25% net caps" for beginner out of state investors when in reality they will definitely lose money every month due to the rent not being enough $ to maintain a rental property, never mind all the tenant issues involved with this property class or the difficulty of managing them remotely... but he's done thousands of them just this week while sitting on the beach in Florida...
Ally Gao
What is the best alternative for carpet flooring
19 November 2024 | 9 replies
It's relatively easy to install and maintain.
Alex Dixon
STR Tech Stack
22 November 2024 | 13 replies
The early consensus is that it's an upgrade, but we have yet to really put it through its paces.Stayfi has been great for locations where we have several rental cabins and want to maintain that resort-like feel.
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
That’s always going to win in the end as to coming out ahead as long as you make smart financial investments (such as maintaining control of your own investments, and making smart choices on properties that cash flow, etc).
Turgut Oz
What is the best set up for Series LLC? Checking account and overall structure
25 November 2024 | 12 replies
Separate checking accounts not required, but you need to maintain separate books and records.The TREC requirement is correct, but odds of enforcement seem low.
Tom Carmody
Condo Hotel (Condo-tel)
24 November 2024 | 27 replies
They market it , rent it and maintain it for you but they keep 50% of your profits and limit you from using it for more than a few months a year under their contracts , contracts are usually for 3 years , if you put it there you can not pull it out.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
I want to answer so it benefits this Thread.first most of what Morris is selling is D class not C class its bottom of the barrel hood rat properties.SEcond that tenant class .. is renting for the cheapest rent in the US ..these folks are a flat tire away from not paying rent.when you rent for 600 .. its common to put them into the unit with only 2X the rent If they even check qualification and from what I am hearing in feedback they don't do that PM is weak at best.so here you are your making 1,200 a month and have 600 rent.. that leaves 150 a week to live on.so do the math .. very difficult for these folks to maintain continuity to their life.. and lets say they get in with 3X rent.. that's 1,800 a month minus taxs say 1,500 car utls food etc.. you can see what tight wire they are at.Take B or A class renter at 3X rent... rents 1,200 3X verifiable is 3600 a month ... leave 2,400 a month to live on .. not 600 or not 900...