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19 November 2024 | 4 replies
I remember even during Covid we sitting pretty collecting all of our Section 8 rent checks.....The County Wake housing authority blows the big one.
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19 November 2024 | 11 replies
Give the cost of money these days is around 7%, it would definitely be nice to have a paid off rental.7% cost of money sounds like a lot until you remember that it is actually the tenants that are paying it for you while your money is sitting in an index fund making 8%.
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19 November 2024 | 7 replies
Or she starts dating a guy with a dog-sitting or weed growing or meth cooking business who does damage to the house.
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15 November 2024 | 16 replies
I recall asking if the 18/SQ ft was part of that 200k investment - the response was "Oh, you'll see all the costs broken out.
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18 November 2024 | 14 replies
I do it's sitting right in front of me.Try going to REOMAC they are not going to charge you thousands of $$$ for it.Unfortunatly last time I checked they are only accepting "servicers" memberships now.What if I said send me your resume and I'll send it to all my AM's, would you be willing to send me a referral fee on the listing you close that came from my efforts?
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13 November 2024 | 8 replies
I recall quotes in 2018 for all equipment for less than $150k.
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17 November 2024 | 9 replies
You could be a private investor for a house flipper, but then you would be the bank and I am not sure how that would sit with your faith.I would park the money in index funds if you can't do syndications just because you are restricting the possible use of your money in real estate.
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17 November 2024 | 2 replies
I am using HML now but it is hard to do a Full BRRRR because at least with the last one I still left $14,000 into the property plus since I tried selling first I had $10,000 in holding costs over the 6 months it took in rehab and 3 months of it sitting unsold on the market until I decided to rent it.
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18 November 2024 | 24 replies
Example: about 9 years ago there was a house sitting on the market near me for $100k.
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26 November 2024 | 44 replies
Great post @Joe S.! It’s