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29 August 2024 | 8 replies
It does cost almost twice as much as boundary survey but has a lot more detail than a plain boundary agreement.
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28 August 2024 | 8 replies
I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me.
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26 August 2024 | 9 replies
And further, if it's the tenant who decided to stop negotiating in-house, why would any of that cost be on the landlord?
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29 August 2024 | 14 replies
Even if using a pm you’ll typically pay more for str management than ltr management.With that said…. when I finished a large renovation on my duplex and was ready to refi I searched for and found a tenant who only needed a place to rent for a couple months.
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26 August 2024 | 4 replies
Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.
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30 August 2024 | 8 replies
I would not run a gas line, unless you are already out there doing work and adding the gas line only adds a couple hundred dollars to cost, at most.
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29 August 2024 | 3 replies
Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.
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23 August 2024 | 21 replies
Only for example, should replacing a toilet cost cost $400 instead of $200?
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30 August 2024 | 15 replies
Hi there,It’s great to hear that you’re already managing 4 units and are looking to expand your portfolio.
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29 August 2024 | 13 replies
I work in analytics consulting and have managed my finances and investments well by myself. 401k, investment accounts, high yield savings account, own a house in a nice neighborhood with a traditional 30-yr mortgage, etc.