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14 July 2021 | 6 replies
They act as your cut-off on whether to even pursue.I have ALWAYS purchased based on positive cash flow.
9 July 2021 | 5 replies
You will certainly need to find a way to raise some of your own capital to put into the deal so I suggest saving, cutting your living costs and perhaps getting a side hustle or second job to pack away cash.
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16 July 2021 | 4 replies
If you keep the property from health and safety violations, manage like a business, and carry good insurance you are best off vesting in a single entity Revocable Living Trust- this gives you stand alone one property protection and saves a boat load of money.
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13 July 2021 | 3 replies
I bought it when I first started out, and it gave me a great framework of forms, procedures, etc to make it feel like I was running a business and not running around like a chicken with my head cut off (you still will, but you'll look better doing it!).
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20 December 2021 | 27 replies
My LTRs - cut the grass in the summers and make sure HVAC filters are getting changed out.
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10 July 2021 | 18 replies
cut the cord and move on.
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8 July 2021 | 0 replies
It is a 6-plex but with the existing building size, I could easily add 2 units, but cutting the size of the larger units.
10 July 2021 | 7 replies
My biggest problem currently is getting all of my financials in order with cutting cost and minimizing debt which I know over time I will reach my goal as long as I stick to my plan and keep saving, maybe even getting an additional part time job just to introduce a little more into my savings.
11 July 2021 | 10 replies
Your tenants likely continued to work with no pay cut and received a couple stimulus checks that puts them ahead of the game.
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12 July 2021 | 9 replies
Too long cut the word count by 50% Don't say negative "desperate" things, don't ask someone you don't know to feel sorry that you are hard working.