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27 October 2024 | 3 replies
After that book changed my way of thinking, the next three told me I can (finally) really do this!
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27 October 2024 | 3 replies
My background as a prior military member has instilled in me a sense of discipline, strategic planning, and a keen understanding of risk management.While I’m aware that financial contributions are often key in partnerships, I’m curious about what other skills and perspectives I can bring.
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27 October 2024 | 2 replies
Banks don't like them so it can sometimes make it harder to get loans.
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27 October 2024 | 2 replies
I wanted to share the financials after 3 years, and demonstrate what three years of real estate investing can achiev3 Bed/1 Ba Single Family Pro-Forma:Year 1 (2021)Income:Rent: $1,200.00Expenses:Mortgage: $509.95Taxes: $119.10Insurance: $43.84Cap Ex: $60Repairs/Maintenance: $60Vacancy: $60Monthly Cashflow:$347.11/mo or $4,165.32/yrYear 3 (2024)Income:Rent: $1,300.00Additional Pet Rent: $75Expenses:Mortgage: $509.95Taxes: $155.43Insurance: $53.03Cap Ex: $68.75Repairs/Maintenance: $68.75Vacancy: $58.75Monthly Cashflow:$450/mo or $5,400/yr (Total/Not 50/50 %)Total Equity: $37,473.88-Principal Equity: $7,959.62I have learned a lot about the systems needed in place to run a rental property, and how important picking the right tenant is.
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29 October 2024 | 9 replies
I was wondering if the PM company can change the settings in the Buildium portal so it sends out monthly owner statements automatically to the owners instead of the owner going in the portal and downloading it manually every month.I spoke to Buildium customer service, they said, there is not a feature like that which I find amusing.
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28 October 2024 | 15 replies
You can read more books, network with contractors, improve your current properties (overdue repairs/capex), make connections with investors, and build a team for future deals.
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27 October 2024 | 0 replies
If latter, it would end up more expensive because if B&O taxes as well.I am wondering if anyone else here has gone thru this journey and can help with some of these basic bootstrapping questions.
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28 October 2024 | 5 replies
I'm Mike from Sarasota, Florida looking to learn all I can about real estate investing.
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26 October 2024 | 14 replies
Hello All,Can somebody please recommend some companies that report tenant’s rental payments to the credit bureaus.
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27 October 2024 | 1 reply
I heard the podcast about these prefab ADU you can buy on Amazon and have a few questions:1.