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20 May 2024 | 12 replies
If you are young and have not collected kids, dogs, and commitments, I'd suggest putting your head down, delaying gratification, working your a$$ off (get a second job, drive for uber, deliver pizzas, buy a pressure washer and knock on doors asking to pressure wash driveways, etc.), living off of next to nothing, and looking up in 12 months to re-evaluate.
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21 May 2024 | 16 replies
@David Burrell Would you mind letting me know who is the local flat rate company which was able to rent your property in less than two weeks?
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21 May 2024 | 25 replies
That's $9,200 lost, which equals over two years of profit lost!
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20 May 2024 | 24 replies
You're generally seeing $150-$200/door unless you do a really strong BRRRR and pull out most/all of your capital (then it tends to be less).
21 May 2024 | 5 replies
Two examples:4) https://www.zillow.com/homedetails/169-Beatty-Ave-Richwood-O...
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20 May 2024 | 177 replies
* 5000 doors and $1B in assets.
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20 May 2024 | 27 replies
When I flew back a month later to change the locks and do a few things to get rental ready-3 neighbors from 3 different homes came to my door.
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22 May 2024 | 10 replies
Would need to run an IRR on the two but my guess is the $ now would be a lot better off in the long run as at 8% interest only is $1733/mo compared to 1394...
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21 May 2024 | 6 replies
We run two other vacation rentals and I could include the numbers on those as examples of how we've done to show the lenders that we can operate a vacation rental successfully.
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20 May 2024 | 1 reply
She had a choice of putting down a deposit equal to two month's rent or paying monthly "deposit insurance."