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5 July 2019 | 8 replies
You should probably have 5% in there as a default if you don't know what is common in the area.There are some things to make sure of when investing in a condo1) Are rentals allowed.2) read the reserve study carefully.3) read the bylaws to make sure there's nothing weird in there.Main thing though is that the health of the HOA has a MASSIVE impact on the value of the property.
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19 August 2019 | 4 replies
These places may be more or less prone to season slowdowns, but surely not free from them.One of the best things we've learned to process through in rehab is this: which items are going to be hard or slow during the winter (example: exterior paint, pouring concrete, and many other things outside) and which won't be impacted (interior paint, kitchen rehabs, bathroom rehabs, etc.)
20 August 2019 | 6 replies
However, they must work harder/smarter to ensure their identified risks don't actually happen or the impact is minimized.
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20 August 2019 | 16 replies
Military life can have a big impact on spousal income too.
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20 August 2019 | 6 replies
Second big impact is credit card utilization and keeping it under 10%.
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20 August 2019 | 0 replies
But the smaller expenses can quickly add up and impact your bottom line.
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20 August 2019 | 2 replies
I’d recommend you start your inMultiple mortgages will impact your credit....but not enough of an issue where you can’t continue to borrow.
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21 August 2019 | 8 replies
I would make sure the gas station has no historical leaks that may have impacted your property.
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21 August 2019 | 14 replies
If you do go the SDIRA route to invest in other flips, look into Checkbook Control IRAs, because the SDIRA transaction fees & speed will impact your numbers.
22 August 2019 | 29 replies
Exactly the point of my recent reply, and of the main post. 1- you haven’t seen what I’ve posted yet assumed u knew why I wasn’t getting responses 2- you would be correct if that’s how I talked in previous posts, but I haven’t 3- I do know how to speak professionally, and speaking unprofessionally once doesn’t equate to me having a lack of knowledge about it 4- my intentions are to actually learn why my posts aren’t getting attention (and no it’s not cuz I’m not asking a question/asking incorrect questions bc I can objectively analyze the impacts of my questions.