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12 July 2024 | 155 replies
We started with flipping to build enough cash to start buying income producing properties and have decided STR's is the way we want to go.
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9 July 2024 | 9 replies
Quote from @Bocondo Williams: That's the problem with free software: they eventually have to generate revenue, then they want to produce profit, then they want bigger profit.I think most software is going to charge $1 or more for every ACH payment.
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10 July 2024 | 31 replies
This means cash flow is producing 4.3% ROE.
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9 July 2024 | 16 replies
Another concern I would have is that if we enter into an economic situation where tourism declines and foreigners stop buying expensive second homes there, you could get stuck with a property you can’t sell that isn’t producing much income.
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7 July 2024 | 30 replies
He has also invested like this with us on a couple of high-producing STR beach houses (that net each of us around 70K per house each year).
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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.