Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Since this is the tenant's money, I want the bank calculating and holding everything versus storing balances in my spreadsheet.
Bruce Woodruff
Thoughts on the California fire repercussions
22 January 2025 | 17 replies
And it's not only the homes, you also have to fortify your grocery stores, schools and anything else.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
The next RE play is going to be building ammo stores on the interstate and state lines between CA and NV and Oregon and WA and ID..
Ben Fernandez
Looking for a fix and flip mentor!
24 January 2025 | 20 replies
It will take almost 6 hours round trip just to drive to the project and that doesn’t include any other driving if going to building supply stores, building dept, lunch, other projects, visiting potential fixers, and etc.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
22 January 2025 | 16 replies
So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
I have one near a homeless shelter and a liquor store.
Carlos Rodrigues
Purchasing a property with illegal bathroom
31 December 2024 | 8 replies
The storage closet is storing a shower head, a toilet, and whatever else you threw in there.
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
You’ll thank me when eviction drama hits, or turnover costs come calling.Fines = Behavior TrainingSometimes, tenants behave worse than toddlers at a candy store.
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
You may have to do this several times for all the different tasks being done.The only labor cost not covered by this type of online inquiry is drive time from the businessto the property, to the store & back for supplies and then back to the business address.