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1 May 2024 | 7 replies
Use a consistent naming convention - ex. 2024.03.25 Home Depot3 Maintain properrecords - Contracts, Settlement Statements, Agreements, Promissory Notes etc.
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1 May 2024 | 8 replies
If you are doing a one-off deal that is very special (ex., rural quadplex STR) and no direct lender can do the deal, then it makes sense to reach out to a broker and cut them their fee, as they can help you navigate the market more easily to find funding for your deal.
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30 April 2024 | 8 replies
For example, Fayetteville and Jacksonville are some of the only places you might come close to hitting the 1% goal on an LTR, but like other markets (ex: Memphis) where LTR cashflow is strong appreciation is rather weak compared to markets like Wilmington or Asheville where LTR cashflow is poor but appreciation is fantastic.
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29 April 2024 | 13 replies
Do your own maintenance items and reduce maintenance/cap ex costs.
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29 April 2024 | 4 replies
Use a consistent naming convention - ex. 2024.03.25 Home Depot3.
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28 April 2024 | 3 replies
What's your net after all expenses and some cap ex savings?
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29 April 2024 | 31 replies
We are cash flowing great, and continue to pour those profits back into our houses by replacing roofs, painting/siding, and improving the properties to make them more appealing and to get the Cap Ex taken care of.
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30 April 2024 | 99 replies
Is the $230/mo cash flow after allocating for vacancy and cap ex?
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27 April 2024 | 19 replies
Something screwy in there and your new partner could be their crazy ex or drug-addicted kid down the road.