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16 January 2025 | 4 replies
Not sure you really make more money.BRRRR would be interesting if you can find it.Flipping is competitive and brings in cash but not long term wealth.They all are great options, it just depends.
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13 January 2025 | 1 reply
Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.
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12 January 2025 | 7 replies
I'm not sure if that would bring in enough money but it would certainly make things easier financially speaking while you built up your real estate portfolio.
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21 January 2025 | 74 replies
I learned some deep skills that will be useful in other realms.This isn't so much "bird dogging," with them giving you some scraps for bringing them business.
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23 February 2025 | 39 replies
I should have a conversation with him to see if he'd be open to pursuing commercial with a similar structure where I give him a slice of the deal if he brings me something worthwhile.
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18 January 2025 | 13 replies
They can bring it to open market and facilitate the transaction.
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22 February 2025 | 48 replies
But it's in your interests to make sure the property value makes sense and the borrower has skin in the game.
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28 January 2025 | 27 replies
I doubt after factoring all of the expenses/reserves you'd be at $1100 per month in Net Cash Flow but still way ahead of the expenses nonetheless.We have a duplex bringing in $2800 per month-expenses $1253-debt- $740(P/I) and netting us $807.
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10 January 2025 | 22 replies
It lists for an average $250/night which brings in $7500/month.
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17 January 2025 | 11 replies
.- >65K in rent collected- having someone to bring in Amazon packages when it is raining outside- generally having someone to watch over the property when out of town oftenI think the headache is worth it.