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1 August 2024 | 0 replies
Just no cash flow.
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29 July 2024 | 3 replies
We have $100k cash right now and we’re trying to figure out if it’s worth it to put the cash we have into refinancing Property 2 based on income generated, decreased value, etc.
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1 August 2024 | 19 replies
I know a plumber who won’t even do work for $150 an hour cash because he’s booked out working 7 days a week. call around to some other people and see what they say.
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1 August 2024 | 6 replies
However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.
31 July 2024 | 20 replies
I am thinking about booking.com but it will change how Airbnb pays the fee - from guest to host - so I am not too surw if its worth it.
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29 July 2024 | 3 replies
We’d appreciate your advice on the following points:-Drafting a Proposal: Is it worth drafting an official proposal with a commitment to a certain down payment to show our seriousness?
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1 August 2024 | 0 replies
Purchase price: $284,000 Cash invested: $20,350 Sale price: $435,000 Contributors: Peter Vekselman Partner Driven, in partnership with Seth Choate, purchased a home on N Backer Avenue in Fresno, CA, for $284,000 on 10/29/2021.
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31 July 2024 | 20 replies
When I first started partnering my silent partners brought the cash and I did all of the work, it was a 50/50 split.
1 August 2024 | 125 replies
So, yeah - they're gonna want out ASAP.Lotta folks will be squeamish about such renters, but my advice is to do your due diligence and see if it's worth moving past your own reservations and just being a landlord.
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2 August 2024 | 8 replies
I currently manage two single-family rentals, each generating 10% gross cash flow.