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6 June 2021 | 38 replies
It took a month and half to complete, listed it online and had quite a few requests and had it rented by Jan. 1st at $899 per month which was above my rent projections.and then apt#2 moved out end of Nov2020 but this time gave me a notice. 2 vacancies at the same time was stressful as hell because before hand everybody was saying they want to stay but I had to stop and realize this is actually part of the plan and a great thing because if I only buy value-add Apartments because it creates equity and if value add is a function of improving the income then I can only buy a property if i can improve the income.
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5 September 2020 | 14 replies
It could be stressful doing both and managing a family but I know its what needs to be done for something to change.
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7 September 2020 | 10 replies
Next, stress test your calculations with lower ARV and lower rents.
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5 September 2020 | 8 replies
Usually the seller is on the verge of pre-foreclosure, moving out of State or possibly a stressed out investor and want out.
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2 November 2020 | 76 replies
This whole situation is stressing everyone out.
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24 August 2020 | 6 replies
Buying a house is stressful and likely a process you know little about.
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10 September 2020 | 7 replies
I would not stress, worry or suggest selling even if prices do dip as your rent will stay the same.
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28 August 2020 | 18 replies
I would also stress test.
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27 August 2020 | 4 replies
If the deal looks promising after stress testing then go for it.
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23 May 2022 | 25 replies
It's easy to click an "Accept Terms and Conditions" button when you want to sign up but you have to remember there's a lot of things in those terms and conditions that many people don't bother reading.