
13 February 2021 | 9 replies
If you have no investing experience yet there are other options but like anything you want to master it takes time on task.

30 March 2021 | 8 replies
Maybe that'll payoff as I head down this adventure :)

21 February 2021 | 5 replies
John, it sounds like from the comments above that you should be fine at the end of the day, as long as you stay up to date and organized.My biggest advice as a bookkeeper to REIs still handling their own bookkeeping and documentation is to set aside a Saturday and Sunday to catch up on these tasks or to verify all has been logged.

14 February 2021 | 7 replies
People always ask numbers and breakdown, so here's the basics:The Deal Structure in depth:Partner put up $95k cash to purchase and cover rehab hard costsPartner put in an additional $4k near the end - will get reimbursed dollar for dollar this year from cash flow.My wife and I put in about 600 hours, tracking by hour and task to get to a fair $30kThe HVAC contractor had a 0% for 18mos offer, so we put $4925 on that.

16 February 2021 | 7 replies
An established realtor (5+ years in the business) also has the relationships with the subs if no contractor is needed and it's all a la carte tasks like a painter/electrician/flooring/tile play.

18 February 2021 | 4 replies
It's on my asana task list to do just this as well.

16 February 2021 | 7 replies
REI is a new, and daunting task, but I am willing to do whatever it takes.
15 February 2021 | 0 replies
This is a new adventure for my wife and I.
17 February 2021 | 4 replies
Reach out to local property managers and see if they need help doing things like mowing lawns, shoveling snow, restocking/emptying change machines for washers/dryers, or any number of tasks.

21 February 2021 | 14 replies
Rents $1495, Cash flow after taxes, insurance, property management = $900 a month.I retire in July and will take my family on a 1 year camping adventure.