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22 May 2024 | 6 replies
5 bed 3 bath house ) For unexpected changes, we couldn't afford mortgage, we rented as Short term rental.
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23 May 2024 | 13 replies
Good for active investors who enjoy project management and renovations.Cons: Higher risk due to market fluctuations and unexpected renovation costs.
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24 May 2024 | 42 replies
Even if the first deal "costs" them money, it is the cost of education and they are better suited for the next.B) Of the handful of turnkey providers whose websites I have been to and deals I have looked out, let's just say they are certainly painting a VERY rosy picture.
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22 May 2024 | 11 replies
Financial risks, such as unexpected repairs or vacancies, can also impact your cash flow.
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23 May 2024 | 43 replies
Same thing might happen with the vacancy if you have 2 months for lower end instead of 1 month for better area.I would use higher percentage for repairs and vacancy in lower end area when you compare CF for the 2 properties.Even in higher end area this year I had 2 evictions and one of them with 6 month vacancy and over 12k in damages, bad things can happen in both areas, the important thing is to keep cash reserves so you can get over unexpected expenses.
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20 May 2024 | 17 replies
Any table with outlet nearby can be called a work space.
20 May 2024 | 5 replies
Always, always, always have a reserve because there will always, always, always be unexpected costs.HOW MUCH TO RESERVE?
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19 May 2024 | 2 replies
As someone who has a tendency to spend excessively and live paycheck to paycheck, the lockdown measures implemented during the pandemic unexpectedly helped me stabilize my financial situation.
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22 May 2024 | 77 replies
The answer to your question is if you pause or cancel your DealMachine plan, your mail campaigns will also stop sending out. Let
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19 May 2024 | 8 replies
As indicated we ran into multiple unexpected issues but also it was our first time rehabbing a unit that was old enough to have lathe and plaster (whether built in 1901 or 1920s).Did we make a mistake re-doing the entire plumbing and electrical rather than just what was necessary?