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2 September 2024 | 13 replies
Without actually running numbers, you'll probably need to get closer to 600k to break even from a cash flow perspective (this all assumes 20% down).As others have said, you aren't considering saving for capital expenditures or vacancy and the maintenance is far below what I would budget.
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2 September 2024 | 31 replies
I was hoping to find a co-host within the BP community who could guide me through the co-hosting process.
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3 September 2024 | 23 replies
I also wanted to add that the algorithm knows how long people stay on your listing and even if they scroll through all of your photos.
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30 August 2024 | 3 replies
My main question is if these properties ended up cash flowing or gaining appreciation in the past few years?
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2 September 2024 | 4 replies
The important part is getting started.If you’re still feeling stuck, maybe try connecting with a mentor or someone who’s been through it.
1 September 2024 | 2 replies
Rental 1 - Cash flow Breakeven - rate 3.875% - 20-25% equity (not looking to refi)Rental 2 - Looses about a few hundred a month - rate 9% looking to refinance soon to 6.9% but debating on waiting until rates drop further - 5-8% equityPrimary - currently at 7.25% waiting to refi to 5.5-6% - about 5-10% EquityMy current net worth breakdown is approximately...Real estate 39%Cash reserves 7.5%Brokerage 30%Retirement 17.5%Other 6%
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31 August 2024 | 4 replies
As long as you can get positive cash flow at today's rate purchase now. 2.
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3 September 2024 | 32 replies
I am currently in Astroflipping, which is a wholesaling platform and the website I use is flipfundllc.com, my mentor sends them out through email and it's only about 12 dollars.
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3 September 2024 | 20 replies
I will never enter a deal through a recruiter again.
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27 August 2024 | 10 replies
@Kaylin GonzalezIn a nutshell, the way the tax code is set up, you won’t be paying any taxes on your cash flow.