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13 August 2024 | 5 replies
You can spend hundreds of thousands on large developments that you never buy.
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12 August 2024 | 5 replies
Title insurance and surveys are a must when buying.
13 August 2024 | 7 replies
(I have a general contractors license in CA) I would say about 4 of them have 100k+ of untapped equity since we never did any cashout refi.Question:Our cash savings currently is about 250k free and clear, My question here is should I give up the IT business, focus on buying 1 house cash, spend my time on rehabbing the house, (guessing 2-4 months is what that would take), do the other RRR parts and build more wealth this way.
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12 August 2024 | 6 replies
I think the insurance rates in Houston may be a bit of a challenge now as a buy and hold investor.
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15 August 2024 | 18 replies
It's part of the cleaning cost.We also buy TP in bulk at Sam's club and put out plenty so that our guests don't have to bring any.
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14 August 2024 | 22 replies
You are asking about markets where you can Buy, Rehab, Rent out, Refinance, and Repeat (BRRRR Method) where you can buy 70% of After Repair Value and under $150,000 with good cashflow.This is my favorite strategy as well.There are several markets in Michigan where you can do this but the market I prefer is Lansing, MI.It is the State capitol, there is always a lot of economic development as a result which creates jobs and demand for housing which keeps rents up and appreciation steady.To Your Success!
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12 August 2024 | 4 replies
I am living in CDMX right now and has been looking yo buy in the Condessa /Roma Norte area.
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12 August 2024 | 12 replies
@Miguelli Fernandezif you buy something with 100% borrowed money, you will likely be cash flow negative every month.
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10 August 2024 | 1 reply
Hello,
I'm looking to analyze a beach property in Nicaragua, considering its potential as a rental, vacation, and retirement home. However, I'm having difficulty understanding the Cash on Cash Return on Investment (R...
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12 August 2024 | 28 replies
Maybe I’ll pull equity out of them in 5-10 years and buy more if I’m bored.