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14 February 2025 | 4 replies
The PM rate in every area is different, in my experience, some are low percentage and low quality and then there are some that have high percentage and low quality.
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9 February 2025 | 10 replies
If your willing to do so, you can live in the casita and then rent out the main home and have your tenant pay the majority/all of the mortgage (depending on what type of deal you find obviously).
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20 February 2025 | 46 replies
Obviously, if there is a large hole in the wall or they painted a different color, then you can charge them to paint.
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17 February 2025 | 21 replies
It's easier to manage this property now that I sold the other one.I still have to see how much I will get hit by the IRS for 2024 (which is when I sold the other property)I have considered selling the one I have left (in 2026) but I would lose diversification because then I'd have 90% in the Stock market.
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10 February 2025 | 47 replies
Quote from @John Mason: If you are wanting to get ahead I would pay the 100 usd on fiverr and get it done and then go to next step in your journey and then learn the way to do it on the side so that you do not lose time..hope I made sense I do that now.
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11 February 2025 | 2 replies
I was able to qualify for about $95k in 0% business credit cards (for 12 months), I then liquidated the cash and used a portion of that to obtain the hard money loan that covered the balance of the purchase cost.
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14 February 2025 | 6 replies
If you are talking about 2-4 units, then it's really no different in my opinion.
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19 February 2025 | 2 replies
This means taking days off of work to handle business, dealing with the subs and any deficiencies they may have, spending time dealing with the city, for both permits and inspections.Having GC doing everything won't entirely eliminate your time cost, but it can mitigate it to an extreme degree.My take is that if you are confident that you can be as fast as the GC in handling everything and there is no negative impact to your other business then by all means do it.
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10 February 2025 | 3 replies
for double closing you would need your funds to buy then sell it to end buyer at premium. there are transactional funding companies that can lend the cash for a fee.
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7 February 2025 | 8 replies
Most landlords wait for a problem to land in their lap, then they waste a ton of time thinking, worrying, researching, and bleeding money before they ever take action.