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2 January 2025 | 25 replies
However, I always have to ask myself what decision do I make today if I am evaluating the consequences 2-5 years from now.
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30 December 2024 | 11 replies
That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.
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11 January 2025 | 67 replies
Be patient in your decision making and understand the local pricing and economics of an area.
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6 January 2025 | 25 replies
I did my homework before making a decision.
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25 December 2024 | 12 replies
I think you are letting your feelings get in the way of making bad business decisions.
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2 January 2025 | 50 replies
But given my parenthetical statement, and this shows where perhaps you may have less experience in the STR world, for no valid reason, your preferred platform can make a unilateral, unfounded decision to ban you and there goes your business.Which brings me to my final point.
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16 January 2025 | 78 replies
I think at some point, I need to make a decision and jump in.
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26 December 2024 | 18 replies
What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.
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27 December 2024 | 2 replies
BEST DECISION I EVER DID WAS MAKE MY WIFE MY BUSINESS PARTNER THIS YEAR FELT LIKE NEW BEGINNINGS LEAVING A OLD PARTNERSHIP AND STARTING A NEW ONE LITTLE DID WE KNOW THIS FLIP WOULD BE THE WORSE THING WE DID THIS YEAR TALK ABOUT A HOUSE THAT WOULDN'T STOP SPITTING OUT PROBLEMS FROM SQUATTERS BREAKING IN , FROM THE CITY CONSTANTLY GIVING VIOLATIONS, WE EVENTUALLY TOOK A LOSS OVER 50K OUCH!!
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9 January 2025 | 44 replies
Obsession isn't a bad thing in this case as long as you don't make poor decisions just to "get in the game"It sounds like your motive to get in real estate is a good one if you are looking to help other people.