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14 August 2024 | 0 replies
Does anyone have a rule of thumb for how much cashflow one should be getting for every million dollars of debt on real estate?
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15 August 2024 | 57 replies
And through most of this period, it would have provided great cashflow, too.
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16 August 2024 | 10 replies
I recently put together two detailed excel profit/cash flow calculators specifically for BRRRR and fix-and-flip investment projects.
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17 August 2024 | 4 replies
In it’s most basic definition Buy - Purchase a propertyRehab - Value-add with renovations and rehab things that need to be fixedRent - Find tenants to pay your mortgage (and maybe some cash flow)Refinance - Once the property’s value appreciates from rehab and reappraises for more than you purchased it for plus renos, you can use that gained equity to do a cash out refi.
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17 August 2024 | 2 replies
I certainly expect to make mistakes, but hope to minimize through mentorship from others, and what knowledge I have gained through appraisal experience.
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17 August 2024 | 5 replies
With regards to the hourly conversation, some clients, especially newer investors, can take hours/months through the buying process to the stage of getting something under contract and then through the transaction to closing.
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17 August 2024 | 20 replies
I figured I have plenty of time to take on the extra work and It will also help me cash flow more and help me get to the next property.
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15 August 2024 | 1 reply
WE are cash flowing in current state ~$1,500/month after we renewed 2 of the 3 tenants on long term leases during due diligence.
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17 August 2024 | 3 replies
I currently work in the energy sector, but my ultimate goal is to become financially independent through real estate.