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12 July 2024 | 40 replies
He does his sales pitch about loaning him $100,000 and doing multiple deals in a month and I could supposedly make $30,000 a month by doing 10 deals a month.
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13 July 2024 | 8 replies
There is a monthly charge for the mobile sitting there so you need to know how much that is.
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13 July 2024 | 20 replies
But all of this was when LPs were not diving deep because distributions kept coming monthly, an email was sent on a given day each month, and the only accountability needed was hitting projected returns, which was pretty easy in a bull market.Now, with more scrutiny from LPs and distributions not coming, those surface level emails are proving to not be showing much.
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9 July 2024 | 6 replies
Where is all the new stuff that we had delivered to install?
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12 July 2024 | 10 replies
Rent $2,600/month as MTR Vac (5%) -$130 Main. (5%) -$130 Insurance $97Cap Ex (10%) -$260 Taxes $240Utilities -$175 NOI $1,905 PITI+PMI= $3,846Net Income as HH (aka our cost per month)= $1,905 - $3,846 = -$1,941 My wife and I essentially split $1,941/month to live in our duplex in one of our favorite neighborhoods.So you may ask, "What about your ROI?!"
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12 July 2024 | 11 replies
Her response was basically that they wait untiltowards the end of the month to post so that when they actually go to hearing they get a judgement for 2 months.
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13 July 2024 | 22 replies
We found a 188 unit deal in Columbia South Carolina and Ryan had actually already underwritten it but he missed the fact that the T 12 actually only had 11 months in it instead of 12 so we caught it and Multi Family Mindset’s internal underwriter really loved the deal.
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12 July 2024 | 6 replies
But there was a point last month where I had some guests spill a drink or something because she had to drain the tub.
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12 July 2024 | 9 replies
You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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12 July 2024 | 8 replies
Any advice on if we should use it to pay off our loans against two of our retirement accounts (that we took out for the downpayment on the first STR) in order to lower the monthly bills or if we can/should cash out one or two of our retirement accounts (457 and/or 403b) and pay off the loans?