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23 December 2022 | 6 replies
@Nicholas L., the debt was secured on a 15 year commercial loan, annual debt servicing of $5,349.36, annual gross rents at $19,200, after utilities,taxes, and general maintenance, it nets around $8,000 annually.
26 December 2022 | 5 replies
Quote from @Taylor L.: The utilities number is pretty crazy.
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6 April 2018 | 22 replies
@Jeff Filali these landlords are serving a different portion of the market than you are.
26 December 2022 | 15 replies
If they don't pay the full amount of the rent (despite them sighting the cord as the reason), serve them notice based on your local jurisdiction just like you would any other time.Completely avoid comingling this incident with your landlord/tenant relationship.You can always get legal advice from a local attorney, but that's my layman's take.Good luck!
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5 January 2022 | 90 replies
I will be starting a small Handyman business that can serve the local investors as well.
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17 February 2019 | 152 replies
I'm hoping this serves as inspiration for other people who have found the BRRRR thing a bit tough to crack.
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10 December 2018 | 64 replies
@Arianne L.
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16 November 2022 | 0 replies
We decided it would be the vehicle we would use to build capital to invest into holds long term.Additionally it serves as a great way to build a solid foundation for the future.
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7 August 2017 | 11 replies
All of those are exceptions because most are long gone.However, there have been many spectacular crash and burns as well that should serve as cautionary tails.