
4 January 2025 | 28 replies
But I like to have single pours are larger surfaces like the floor, so we will have a truck deliver.In Iowa.

2 January 2025 | 50 replies
All the large company started with focused areas and started to expand larger after.

28 December 2024 | 12 replies
My larger property scales up similarly.

11 January 2025 | 67 replies
These are long, long term investments not no fly by night ETF with liquidity or a REIT with quarterly liquidity.

8 January 2025 | 38 replies
. $295 in the winter if the heat is running the blower motor(s) all day could be justified for a larger 6-unit building but I'd have to see the historical elec charges to know.

29 January 2025 | 107 replies
G'Day Luka,I'm not a fan of out of state BRRRR.It's hard enough for us on the ground to get rehabs done on time and on budget and I don't even want to think how difficult, expensive and time consuming it would be for out of state investors.And then include a high LTV and that can be a portfolio killer IMO.Hat's off to you mate for grabbing the bull and jumping in.You live, you make mistakes, you learn and you grow.Such is life.Building a large portfolio is an absolute must when investing in sub $100,000 properties in Ohio.I "killed" my business by not wanting to sell to investors that are using leverage.Our sales volume could increase by 70-80% but it is what it is.I just don't believe in it or want the hassle associated with it lolReason is mostly two fold:1) Not in the mood to deal with lenders for 2 months and hope the deal will go through.2) I don't believe that investors should use high LTV when building the foundation of their portfolio.My advice to you:1) Pay them off as quickly as you can.2) Build a larger portfolio.The investors that $#@% the most on my name are the ones that buy 1 or 2 properties and expect miracles.As you said, 1 furnace goes out or a sewer line needs repaired and bye bye cashflow for 2 years.We get blamed although we can't predict to fix certain things and there are just many unknowns with all investments.Our happiest investors are the ones that own 6-7 or even 10+ properties and all with cash and no leverage.They aren't worried about turns or tenant issues that occur on 1 or 2 properties as it's just the nature of the beast.Returns vary but across the board over the last 10 years I have seen 6-10% net ROI's year after year.Building a large portfolio is a must to minimize risk and to get the best possible long term ROI.Thanks

24 December 2024 | 25 replies
It looked like in 2022/2023 they were going to suck liquidity back out of the market, but this year we are up again.I am not sure if we are going to actually see the announced tariffs or if that is just saber rattling.

26 December 2024 | 7 replies
However, as I mentioned in my original post, my immediate goal is to move out of our current townhouse into a larger single-family home that better suits my family’s needs (we have a baby and a big dog).

27 December 2024 | 10 replies
This is an option to consider and many larger banks/credit unions and nationwide mortgage lenders have released new loan programs allowing 2nds, HELOANS and HELOCS.

30 December 2024 | 11 replies
I can make larger adjustments in rent when a turnover occurs.