
11 February 2021 | 10 replies
Cap ex, maintenance, management, and vacancy will eat you alive.

4 February 2021 | 11 replies
For houses built after 2010 ish in a master planned community, they eat lunch+ dinner and breakfast for next day .

2 February 2021 | 15 replies
If you are not going to occupy the property, you will be looking at 20-25% percent down payment...which will eat up your cash quickly...and if the property needs repairs, you have no cash to make repairs...reserves are important to think about as well.Your best bet sounds like a house hack in a small MF property if you want to be outside of the ghetto.

7 February 2021 | 4 replies
Now, my original business model did not include animals not because don’t I love animals, but because I didn’t allocate space due to layout.

2 February 2021 | 2 replies
This doesn't necessarily happen with every deal and the stronger the cashflow (and higher the Rent/Value ratio) the less likely it is that the depreciation loss each year will fully "eat" the cashflow, which would put some additionally income on you personally most likely)Those things aside, I still think ConC is the most valuable metric here.

2 February 2021 | 0 replies
Also, if an investor is bringing money down, how do you structure the deal to either buy them out as soon as possible or the repayment isn't eating all the cash flow?

4 February 2021 | 9 replies
The way I got started was that from the ages of 17-21 I had been saving like 80% of my income and eating like a dog.

4 February 2021 | 11 replies
Give them 72 hours to remove the unapproved animal from the property and submit to an in-person inspection to verify.
3 February 2021 | 8 replies
Not be a favorite place to be when you're in quarantine and locked down in a 400 sq ft apartment but if not in quarantine and you can walk to Fenway or eat at 5 star restaurants downstairs from your apartment, it's a whole different story.

3 February 2021 | 7 replies
I'm not knowledgable on the Jersey area but most townhouses are managed by a HOA with some hefty fees that eat into cash flow.