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9 December 2020 | 2 replies
If you're financially stable with income producing properties it doesn't matter.
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9 December 2020 | 2 replies
The price of the property & repairs, how much your monthly payments are each month, how much income the property is producing each month, etc.Just ask yourself, how much out of pocket cash did I put into the property to acquire it, and what percentage of that am I getting back at the end of every year?
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10 December 2020 | 10 replies
@Eric Miracle MLS will never produce the best deals largely because you have a 6% realtor commission baked in.
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16 December 2020 | 75 replies
In the case of making extra mortgage payments, I still knew I had the money benefiting me for any future problems that might come along and would provide a wider safety net if my property for some reason stopped producing income for a longer period of time.
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10 December 2020 | 3 replies
It might produce some cash flow but would not probably appreciate as the land gets up in value, but not the house.
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21 December 2020 | 15 replies
With just one of their properties they had in santee producing $2400/month in rent, they sold it for $625,000.
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10 January 2021 | 9 replies
@Alvaro Rodriguez The best place to start in your search will be to understand if you need any of the drawings will require a professional stamp, residential work has a decent amount of leeway on who can produce your drawings but commercial work is typically held to a higher standard.
10 December 2020 | 2 replies
I would like to somehow turn this into an income-producing property but still have the ability to stay on property when I visit Colorado.
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15 December 2020 | 20 replies
@Bud Gaffney I have them in a MF building and they produce decent revenue if you have 4 or more units in a building.
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18 December 2020 | 6 replies
It would be very unusual for a condensation line blockage to cause problems this time of year here in Birmingham because it's been cold here lately...so nobody has their air on...and the unit doesn't produce condensation in heat mode.For a future preventative measure though, I would recommend you have an HVAC company install a pan underneath the unit in the attic (if there's not one there already) and attached to that pan, ask them to install a "float kill switch".