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8 July 2024 | 27 replies
I read "rich dad poor dad 2 month ago" I agree with what you said 100%.
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2 July 2024 | 29 replies
Fresh coat of paint, new LVP flooring, landscaping, fixtures, some basic service, and deep cleaning- It was a total of $14,091, and it was from my pocket.
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5 July 2024 | 4 replies
The initial $100k negative would consume many months/years of cash flow.
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3 July 2024 | 9 replies
@Keegan Darby , any assumption would be determined by your Loan Docs (The Note), and the servicer should be contacted to determine the process if it is assumable.
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2 July 2024 | 73 replies
I have properties that would rent traditionally for $700-1000 a month, it's not unusual to pull in 3-4X that in a typical month, even 2x that in low/offseason.
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2 July 2024 | 3 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
3 July 2024 | 2 replies
Then subtract your debt service to get your cash flow.Income taxes will be taken out of your cash flow based on which income bracket you fall in.
5 July 2024 | 5 replies
If your cash flow can't cover property expenses and/or you have difficulty keeping a tenant there for long, are you comfortable taking on the monthly payments with the car loan?
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2 July 2024 | 7 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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1 July 2024 | 22 replies
It costs maybe 25-50 bucks per month and the servicing company will provide all of the required documentation for their new lender.