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22 February 2021 | 2 replies
I've since found a great property management company that takes the weight of self managing the property off of my shoulders.
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2 February 2023 | 0 replies
Here are my current numbers I’m working with (13 projects):-Projected value of existing projects: $8,900,00 (estimating based off ~15% price reduction from market peak)-Existing debt (including HELOC): $3,372,000-Estimated building / rehab costs to complete existing projects: $2,550,000Total Leverage on existing projects: (3,372 + 2,550) / 8,900 = 66.5%My gut tells me I’d probably rather live around 50-60% leverage, but scaling obviously becomes difficult without increased leverage.
26 July 2022 | 10 replies
The cost of living reduction is so huge.
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21 May 2014 | 5 replies
A good agent is worth their weight in gold, but a good wholesaler can be worth double that.
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18 May 2021 | 11 replies
Maybe that is covering some closing costs or a price reduction (which doesn't help you too much right now).
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2 August 2022 | 24 replies
@Kim Newman KanneyKim - There are many financial planners / advisors that are not worth their weight in salt and are a detriment to my industry as a whole...
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11 February 2023 | 3 replies
You can give them 25% reduction in price as a credit.
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20 January 2020 | 4 replies
The inspector will give you a detailed report worth its weight if they find something you may overlook.
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11 August 2019 | 3 replies
Self Management is becoming a bit cumbersome....so I am trying to weight out some options.
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21 April 2022 | 51 replies
Smaller markets allow for better returns, house hacking allows for a reduction in expenses which is a form of a return.