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23 December 2024 | 7 replies
However, HOAs can also be a double edged sword with fees, restrictions on rentals, or even special assessments.For flips, condos might have less upside since you can’t control the overall property value like you can with a single family home.
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27 December 2024 | 13 replies
It is not really apples to apples, but generally speaking the more money invested the further ahead you will be eventually in the future, just because your compounding base is higher, regardless of where the money comes from - ie, 4 300k properties are 1.2 million on property, which is double the 600k property.
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20 December 2024 | 2 replies
Once completed, I will post pictures.
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19 December 2024 | 2 replies
Even if you’re not an agent, staying connected with local agents can open doors.Exploring Older Landlords: This is something I’ve been doubling down on lately.
19 December 2024 | 6 replies
Keeping a 2.99% rate sounds great, but it may be costing you thousands of dollars if you are in the double digits with your other outstanding debts.
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11 January 2025 | 67 replies
On that scale we have a range of properties in our portfolio, even though I have started to trade out properties from the lower end back in 2014/2015, and some cashflow a little better - however, when you look at the total financial picture there is a lot more than cash flow: obviously appreciation, but also principal pay down, turn over rate and soft factors like tenant quality and with that turnover cost.RE's primary superpower is equity, cash flow is secondary.
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2 January 2025 | 30 replies
For example they just double the amount of time tenant has to respond to an eviction notice to 10 days.
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25 January 2025 | 155 replies
I'd like to fund larger amounts like double closings.
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14 January 2025 | 329 replies
If they have trouble with making rental payments, they need to start improving their skills and look for a higher paying job or double down and get two jobs.
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29 January 2025 | 107 replies
Again, I tried to help, so how is not buying turnkey working out for ya :) EVERYONE is so worried about have 5kish more in equity) they lose sight of the big picture.