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8 July 2024 | 20 replies
Because I invest in income producing property, my net rental yield is around 8%, with yearly increases, leveraged with 4-5% loans, creating a net cash flow and debt reduction yield of about 10%.
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8 July 2024 | 13 replies
I echo what others are saying on here that hiring someone from fiverr or upwork tends to not produce great results long term.
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6 July 2024 | 16 replies
Flipping is a side job and won’t produce steady mailbox money for life while you vacation and nap.
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8 July 2024 | 21 replies
We also get calls from good, professional agents that are almost apologetic about their offer where a newbie listed to a podcast produced by some joker that doesn't really know what they are doing themselves.
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5 July 2024 | 5 replies
I've helped manage 100s of estimates for residential contractors, producing nearly 100 myself.Disclaimers: I'm not currently a contractor, nor appraiser, nor licensed.
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5 July 2024 | 6 replies
Another thing I'd highly recommend is talking to property managers on BP to get some feedback-- it's probably very rewarding and can produce income without many starting costs, but it does come with headaches.By thinking about your next steps, you're already on the right track.
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4 July 2024 | 1 reply
I do not have large reserve of capital although do produce enough through my current properties to Fund 200k of repairs over next 2 yrs.
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10 July 2024 | 87 replies
So it is safe to say, the business has to pay for 100% of it's operations, from about 7% of it's intake potential client's. 93% are JUST an expense with NO revenue produced.
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4 July 2024 | 5 replies
Many times experience of the buyer, credit history and reserves in addition to what income the property can produce will factor in how the lender will structure the loan.
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5 July 2024 | 12 replies
It can move like molasses too, so your asset may take time to sell if you choose to exit.All this said, and I don't have a single income producing residential property at the moment....something I'm working to rectify.