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24 May 2024 | 6 replies
Take the selling price $750k, deduct selling costs ($50k?)
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23 May 2024 | 4 replies
I have been trying to gather as much information as possible and make sure that I don't make any costly mistakes right off the bat.
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23 May 2024 | 4 replies
Not a high cost of debt/capital at all, so we are not concerned about the balloon payment.Regarding long term goals, we plan on building slow and steady over the next 10 years, but then have them all paid off within about 20 years for retirement income from the rentals.
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23 May 2024 | 7 replies
We're also getting some pretty sweet deals on new construction with closing cost incentives.
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26 May 2024 | 102 replies
We have had Bad deals, that we still made a lot of money on, because of our financial analysis and looking at potential cost over runs, occupancy slippage, locked in interest rate, and market rate slippage.
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23 May 2024 | 2 replies
Hello, I currently operate a rooming house, and the insurance cost is going up every year, and it is getting ridiculous.
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23 May 2024 | 1 reply
I am about to close on my first STR in Panama City Beach, and would like to try and get people in there for the winter months to help cover the costs and lessen the maintenance burden.Â
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24 May 2024 | 34 replies
The cost of entry is low while the cash flow is high
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23 May 2024 | 11 replies
But, it also means more work in managing, tricky loan processes, higher start-up costs, and the risk of market changes.Lubbock, with its high need for rentals and low-cost living, is a top spot for duplex buyers.
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23 May 2024 | 11 replies
Now, consider some solutions: submetering is an option, allowing for individual usage tracking, but be cautious about upfront installation costs and regulations.