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14 February 2019 | 2 replies
I also see comps that would get you close to $95k ARV but I don't think that's enough to pay you back totally for how much it's going to eat your cashflow on a BRRRR strategy.
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15 February 2019 | 10 replies
Just my opinion but you know what that's worth..ha - also very little margin on a house that small - lose one resident and with your labor costs/liab insurance etc - that eats you alive.
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14 February 2019 | 3 replies
This makes sense to me as I can't be home for all the management needed and I know I can higher a management company, but that eats into profits.
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25 February 2019 | 17 replies
I had about 15k in reserves going into this, and it looks like the kitchen is going to eat up between 6-8k.
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15 February 2019 | 10 replies
If you don’t, you’ll be eating Thanksgiving dinner alone.
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15 February 2019 | 8 replies
This makes sense to me as I can't be home for all the management needed and I know I can higher a management company, but that eats into profits.
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16 February 2019 | 4 replies
Especially tenant placement fees as this can eat up a large portion of your profit for the year.
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20 February 2019 | 0 replies
Upgraded kitchen and appliances make up an eat-in kitchen.
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26 February 2019 | 10 replies
It does work and keeps from eating into your profit in units under $1500 each.
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25 February 2019 | 6 replies
The HOA has always had financial struggles and a large special assessment could eat up a year or more of cash flow