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3 February 2025 | 26 replies
Rate will also be in the high 9s depending on PPP and credit.
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4 February 2025 | 10 replies
.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
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16 February 2025 | 9 replies
Looking for one on a high end property in Abilene that needs to be completed.
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3 February 2025 | 31 replies
Let's look at your example of a roofer, assuming he owns the company.He has to pay for employees- they still get paid, even if they are not giving 100% effort.He has to pay his workers to go back for warranty work - effectively paying them to do the same job twice.He has to pay for equipment, even when it's not being used 100% of the time.- but the company he bought it from still gets paid.He has to pay for advertising, whether it works or not.- but the advertising company still gets paid.He has to pay for accounting services, payroll services, tax services, legal services, etc.- they all get paid whether he makes money or not.So, what's your point?
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2 February 2025 | 9 replies
@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.
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11 February 2025 | 7 replies
I highly recommend you create an "Animal Addendum" which is a set of rules for any animal, whether it's a pet or service animal.
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25 February 2025 | 8 replies
I know it is still down season, so listings are thin (especially for MF which is our preferred route), but it is starting to discourage me; like we've already missed the train of cheap debt and rapid appreciation/inflation that so many others took advantage of in recent years.Are my expectations set too high for my target area?
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9 February 2025 | 4 replies
He found that the moisture levels in the walls are extremely high, indicating significant damage.
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6 February 2025 | 42 replies
STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.
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5 February 2025 | 16 replies
We position ourselves in the middle, offering a high-touch, small-business experience with Superhost status.