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10 March 2024 | 20 replies
This already puts them behind the 8 ball - failure rate just increased 10 fold.Second is OVER PROMISING OF SUCCESS, and it’s cousin, UNDERSTATEMENT OF RISK, EFFORT AND CHANCE OF FAILURE.There’s two ways to look at the situation.
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9 March 2024 | 8 replies
I strongly favor regular price reductions until leased out.Most people make the mistake of letting it sit too long when simple math points to that fact that 2 additional weeks of vacancy at $1000 per month equals $500.
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9 March 2024 | 17 replies
Increased investment and job creation in some sectors indicate economic progress, however, the long-term sustainability of these efforts remains uncertain.
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9 March 2024 | 26 replies
Keep an eye out for indicators of population increase or steady housing demand.The BRRRR approach may be appropriate for older properties, particularly if they require renovations.
9 March 2024 | 5 replies
I see lots of posts about trying to do this as a way of circumventing taxes, but nothing about doing it as a way to increase W-2 income.
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8 March 2024 | 12 replies
Forgive me if I am missing something simple here.
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8 March 2024 | 31 replies
@Tanner Lewis the new build 4plex is already prepped to be built the builder is just waiting for a buyer before they start the project. so i wont have to go to a hard money lender. how its going to work is 10% of the total cost so 77500 i will have to upfront deposit to the builder. the builder will then go to get a construction loan and start the project. after 6months if i back out of the deal the builder will keep the deposit, if i continue then that deposit will count towards my down payment. and the cabins i am thinking to maybe build myself with a blueprint/kit or have a local builder help me with them. i dont want to do anything crazy just a simple but aesthetic cabin. but yeah will require examining the land and getting permits and all that.
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9 March 2024 | 2 replies
While this is great for the environment, typically homebuyers will not want to pay for that increase.
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10 March 2024 | 13 replies
They keep life simple.
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8 March 2024 | 4 replies
( I don't want to get too much into the weeds and possibilities of other options that may be available, so I kept this question very simple for feedback)