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11 November 2024 | 22 replies
Maybe they had to cut through clay soil versus loam, or tunnel under a driveway???
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8 November 2024 | 22 replies
I believe its important to clarify the infinite return component of the BRRRR strategy.
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12 November 2024 | 17 replies
You can do your business your way which has predominantly been telling everyone (through a lot of good posts, but also a lot of cut and paste posts) to do it the way you do it, which does work for some, but also does not work for many others because they don't put the work in.The reason I have always thought you were selling is because you always are.
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7 November 2024 | 22 replies
I have a Bookkeeper for my farm expenses/income but I am not sure if she has any RE experience and has not gotten back to me if she will do it or not as she has suffered a health crisis this year and has cut back some.
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7 November 2024 | 12 replies
Here's some hopefully, helpful cut & paste info:------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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6 November 2024 | 42 replies
We've been to 38 of the big 63 National Parks; both Hot Springs and Broken Bow, which kind of cater to that same crowd, ever seemed appealing enough to visit.It doesn't mean that they are bad places to invest, but the anecdote needs to corroborate the data for me to want to cut a check and stress out for several months hoping it will work.
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3 November 2024 | 10 replies
Of course capex does come into play, but I have a lot of factors on my side including most major components of the property have been replaced already, including roof replaced 2 years ago, water heater replaced 3 years ago, full house was just repiped, septic system is 5 years old, HVAC system replaced in last 7 years, i do not cover appliances with warranty in my rentals, and the tenant I placed in the property is a single dude who works 60 hours a week and just needs a place to sleep.
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4 November 2024 | 1 reply
Tax Policy: Proposed revision of high-income tax cuts to fund housing programs and economic stability initiatives4.
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5 November 2024 | 5 replies
I have worked with many lenders that will give you the run around, ask for more items, with no clear cut guidelines.
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7 November 2024 | 27 replies
If not, cut your losses, sell the home and learn from your first investment.