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1 April 2024 | 67 replies
If you buy a property mostly as an investor, try to buy at the best possible price, without sacrificing excessively on the quality.
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30 March 2024 | 12 replies
Good day BP family, Unfortunately, excess moisture needs to be dried out in the kitchen ceiling which is also the bathroom floor (great!).
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29 March 2024 | 11 replies
The max Uncle Sam allows is 50k if you haven't taken a TSP loan in the last year.I've seen both good and bad experiences with this but at the end of the day it's no different from any other type of loan, you are just your own bank in a sense.The downside or risk is that you lose your job, your property isn't cash flowing, are unable to pay back the loan, and your retirement account suffers since the loan essentially turns into a withdrawal.The upside or best case is you have the loan for less than a year, your BRRRR pays off the loan, and you pay yourself interest 5% interest.The opportunity cost is if the stock market goes up 20% and you were only paying yourself 5% interest you'll miss out on the excess returns.
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28 March 2024 | 0 replies
It was a defining moment of reckoning, a stark realization that I had sacrificed years of my life for a career that seemed to be slipping through my fingers.Yet, amidst the despair, a flicker of resilience ignited within me, fueled by the echoes of past triumphs over adversity.
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29 March 2024 | 7 replies
In addition the tenant protection Act of the city of San Diego places rent control and eviction rules in excess of state mandated laws.
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30 March 2024 | 45 replies
Declining rates and demand coupled with excess supply is making the STR business harder than ever.
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1 April 2024 | 39 replies
I just cringe every year i have to pay that its for gross revenue in excess of I think 1 or 5 mil..
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28 March 2024 | 3 replies
Our team is always looking for ways to accommodate more guests while maintaining a comfortable guest experience.More guests doesn't necessarily mean higher occupancy, however, which is why it's so important to look at each property's potential individually.Stay tuned for more data and actionable insights to fuel your success in the Austin short-term rental market!
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28 March 2024 | 9 replies
I was left with an excessive water bill ($10k) at my 4-unit property as they failed to fix a water leak, which I complained about once I noticed a spike in the water bill.
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28 March 2024 | 10 replies
(No kids, excessive debt, responsibilities that come with age, etc.)By the time you reach 21 onward your experience level will be that of a budding pro when others may not even have begun which would be incredible for you and would carry a lot of momentum.My biggest advice in the wholesaling world would be find someone who is doing it and doing it well, ask them to bring you on for free or very minimal pay and absorb all of the knowledge in return for time and effort.