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6 February 2025 | 2 replies
"variable income" will require a 2 year average of income/ earnings to qualify.
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10 February 2025 | 71 replies
If my intentions were to benefit myself at the expense of others than I could use the lease option strategy to do that.
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10 February 2025 | 10 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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30 January 2025 | 2 replies
Traditional bank loans can be slow and have strict requirements, while hard money and private lending seem to offer more flexibility.For those who’ve secured funding before, what’s been your experience?
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24 February 2025 | 5 replies
Be patient and persistent when it comes to real estate investing; it's a journey that requires time and perseverance!
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12 February 2025 | 43 replies
A Lot of turnkeys are going to these undesirable spots and its highly possible you'll end up with more liability with turnover rehab requirements.
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24 February 2025 | 26 replies
You are losing thousands of dollars a month in potential rents and actual expenses.
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10 February 2025 | 5 replies
A great resource to check out is The Frugalwoods—they share practical strategies for cutting food expenses without sacrificing quality.
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20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
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13 February 2025 | 17 replies
After removing the expenses involved with turnovers, she is getting back a 1/4 of what she lost in that cancellation.