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10 February 2025 | 25 replies
For me, it was live in flips, short term rentals, mid term rentals, good income with a solid savings rate, buying after tax index funds, paying off the primary house, driving old cars, moving a lower cost of living area (from Houston to small town Maine), and selling a business to push me over the top.
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21 January 2025 | 4 replies
That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.
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27 January 2025 | 35 replies
They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.
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25 January 2025 | 7 replies
Just stating that waiting will also likely make the cost of what you want to buy go up if the last 98 years of real estate data provides the future direction.
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5 February 2025 | 2 replies
From there I accepted and negotiated to have the seller cover the cost of replacing the roof.
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10 February 2025 | 10 replies
$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.
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31 January 2025 | 8 replies
@Franklin PerezGetting your real estate license can be a smart move if you want MLS access, networking opportunities, and savings on commissions, but it comes with costs and disclosure requirements.
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23 January 2025 | 5 replies
From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.
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11 February 2025 | 29 replies
You need the backup option in case the mid-term rental market changes.Minimizing turn costs and downtime is critical.
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10 February 2025 | 120 replies
I have other money that'll cost me 10%.