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20 April 2024 | 6 replies
My first yearApril 18, 20232BR, 2.5BA CondoApril 19, 20242BR, 2.5BA Condo - Former Primary3BR, 2.5BA Home - Primary1BR, 1BA Guest Studio, attached to Primary2BR, 1BA SFR - MI3BR, 1BA SFR - PA5BR, 2BA MF (2 units) - PALet me preface this by saying there are far more impressive stories than mine.
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20 April 2024 | 7 replies
I used HighLevel CRM for about one month and was really impressed with it.
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20 April 2024 | 34 replies
If you've been in BP long enough, you may notice that some company here is really trying very hard to keep maintain their image and reputation in BP while giving solid advice.There're many cases where newbie investors (not you) is bashing a company in BP or creating a negative impression which actually (from a fair judgement) just a small mistake from both parties.
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18 April 2024 | 2 replies
Well his boss was impressed with my real estate and finance skills so I ended up working for their company well it turned out their company was wholesaling houses they didn’t really flip many homes.
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21 April 2024 | 47 replies
Because saying you own multiple “units” is supposed to impress your friends or random strangers on the internet in a way saying I have a healthy mix of stocks and bonds doesn’t.
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18 April 2024 | 19 replies
-Paint the Front Door a Bold Color: A fresh coat of paint on your front door can make a striking first impression.
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17 April 2024 | 16 replies
Quote from @Charles Wright: My partner on a few deals is in the program, and I am super impressed.
18 April 2024 | 41 replies
I'm under contract on a property right off MLS right now that will cash flow $500 per month on day one with 20% down at 7.785%.The Boise metro market has definitely not plateaued- heck. the median price in Meridian was up 17% YoY in February. https://www.redfin.com/city/13444/ID/Meridian/housing-market I'm impressed.
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15 April 2024 | 12 replies
Here are the projections for 2024 to give an idea of expected returns:2024 IncomeLong-term Income$8,400Gross STR Income$45,500 (based on AirDNA projections)Additional STR Income$5,915 (mostly cleaning fees)Total Projected Income$59,8152024 ExpensesSTR Expenses$16,453 (32% ratio)Mortgage$34,476Insurance$707CapEx$3,600Taxes$2,729Total Expenses$57,965Projected Cash Flow$1,850CoC Return2.79%2024 Additional ReturnsPrincipal Paydown$2,930Equity Appreciation$16,200Mortgage Interest Deduction$7,571Total$26,701Total Projected Returns$28,551Projected Return on Investment43.1%Projected Return on Equity21.4%The CoC numbers are not impressive, and the property only cash flows as an STR, which carries some risk.
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16 April 2024 | 23 replies
I'm just about to graduate college and there is a lot of activities and community around people my age in the city as well.Houston didn't impress me too much.