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28 January 2025 | 29 replies
You can use a tool like AirDNA to get estimates of property performance in your specific market and with your typical size and configuration of home.
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22 January 2025 | 22 replies
Although Reunion community does typically cater to a different demographic so it won't be as much of a pitfall.
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17 January 2025 | 20 replies
But if your goal is to leave your day job soon, multi family will offer more cash flow typically.
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23 January 2025 | 7 replies
Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.
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19 February 2025 | 42 replies
This new twist of claiming you owe them money is a typical scam tactic to put you on the defensive so you won't contact them about the money they actually owe you.
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19 February 2025 | 25 replies
If cash flow means you make $8 more than your mortgage payment in month 4, awesome, you have $8 for that month.But.... if you factor in closing costs, make ready costs, leasing costs, repairs... it's typically years out until TRUE cash flow, with a value add or a turnkey (unless you absolutely knock it out of the park with a BRRRR and then somehow cash flow after the refi, which I guess is possible but very unlikely.)
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23 January 2025 | 5 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
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18 January 2025 | 6 replies
- A 0% down, seller financed deal, typically equates to little to negative cashflow!
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31 January 2025 | 27 replies
Nice try, but this time does not count.In order to meet 750 hours, your wife will need one of the below:- do something else real estate related, like wholesaling or realtor- actively work on expanding your rental portfolio - have an extensive DIY rehab, like a month-long full-time rehab (and then she might need another kind of rehab)- a calamity such as multiple properties damaged in a storm where she will have to deal with insurers and contractors- something else out of the ordinaryAgain - if all you have is 9 single-family properties with stable tenants and typical occasional maintenance - you don't have enough work to collect 750 hours.
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8 February 2025 | 22 replies
This is typically the single biggest electricity draw in most homes.