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10 May 2024 | 7 replies
Costs are also a bit high right now and it’s a substantial investment, likely $1000s per day to run at a scale that would be useful to the community.
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9 May 2024 | 8 replies
Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.
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8 May 2024 | 50 replies
Paying off debt is the best hedge you can make, especially high interest debt.3.
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10 May 2024 | 4 replies
price $124k it’s in a resort, highly sought after especially in summer season.
10 May 2024 | 3 replies
It's highly unlikely, if not impossible, to find a traditional lending source to fund the purchase of tax deed property.
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7 May 2024 | 24 replies
I highly recommend creating procedures for them, either written or recorded.
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10 May 2024 | 6 replies
I’m seeing that property crime is pretty high and since I’m an out of state investor, I would have a hard time keeping an eye on the ground besides cleaners/handymen between stays.
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8 May 2024 | 8 replies
How this usually works in practice is that one partner owns the bookkeeping process and distributes monthly financial and rehab reports to the other partner so that they're both in the loop without the other partner having to log into QBO.
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9 May 2024 | 107 replies
Any advice to find better deals or get high cash flow?
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8 May 2024 | 14 replies
Market is overpriced for the median income and interest rates too high to cash flow.That being said, there are deals - one just needs to be smart