Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
Painting walls, updating fixtures, or handling minor repairs yourself can save thousands upfront.Consider Your Exit Strategy: You’ve got the right idea;house hack for 1-2 years, then convert the property into a long-term rental.
Craig Daniels
Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
8 December 2024 | 7 replies
If you have any cap ex left in Palm Bay (like an HVAC major repair or roof) you will lose cash flow for years.
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
Some trusted vendors to build initial credit include:Uline: Office supplies and shipping materials.Quill: Office products.Grainger: Maintenance and repair products.These vendors report to business credit bureaus like Experian, Equifax, and Dun & Bradstreet, helping you establish a payment history.3.
Marc Shin
how long to complete the BRRRR process?
12 December 2024 | 6 replies
In most cases, 6-12 months is a more realistic timeline, especially for larger rehabs or when you’re trying to maximize the property’s after-repair value.
Matthew Samson
Borderline (expensive) foundation problem
9 December 2024 | 8 replies
If you plan on keeping it a long time I may wait to fix it but if its something you would consider selling in the next 5 years I would get it fixed as going to sell it you will need to repair it and costs to fix this are not gonna get cheaper as time moves on.
Andreas Mueller
Why Should the Fed Cut Rates at All?
17 December 2024 | 0 replies
The previous owner started to repair it.Looks a little rough, but we’ll get her all fixed up.
Jonathan Warner
No finacing contingencies allowed?
13 December 2024 | 12 replies
The seller wants what he wants OR the property won't qualify for financing because of repairs.
Mike Sfera
Expense Estimate Resources
8 December 2024 | 1 reply
Things like landscaping/snow removal and labor cost for repairs are going to be highly variable based on your market so you'd need to do your own research on the going rate by either talking to other local investors, running your own google search, or exploring basic services on thumbtack/angies list etc.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
I'm not factoring in a percent for vacancy, repairs or capital expenses.
Jordan Northrup
Need an alternative to Stessa
11 December 2024 | 8 replies
For the most Service has been responsive, they're adding more functionality, though wish I could track maintenance/repair requests and service fees for rent, but the cash management is what's keeping me here for now.