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4 October 2024 | 39 replies
Open to any state as long as I can make money and grow.Look up Dave Meyers on BiggerPockets or on their YouTube channel.
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22 September 2024 | 2 replies
You may be doing a long BRRRR on your original house.
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23 September 2024 | 3 replies
Hi y'all, So I'm just getting into real estate, I have an LLC set up and will be closing on my first deal in a couple of weeks, a $68,000 single home.
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4 October 2024 | 10 replies
On the 6th night, guest sent an alteration request to check out earlier, after 7 nights.
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4 October 2024 | 3 replies
At the time my wife and I were very hands on with remodels.
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4 October 2024 | 20 replies
Thank You If you have a loan on the property currently, most DSCR lenders can close after 90 days of ownership.
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4 October 2024 | 8 replies
Hi Brian,You're on the right track, but to determine if you're truly generating cash flow, it's important to look beyond just your mortgage payment.Here's what to consider:Income: You're receiving $2,100 in rent, which is great.Expenses: Besides your $3,232 mortgage, you likely have other expenses like property taxes, insurance, maintenance, utilities (if you cover any), and potential vacancy costs.If your total rental income exceeds all of these combined costs, then you're generating positive cash flow.
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4 October 2024 | 4 replies
However, I would suggest you calculate a 5-10 year pro forma on each property and calculate an overall IRR for each so you can compare and contrast based on your risk tolerance.
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4 October 2024 | 8 replies
We have 3 bed /2 bath condo that is modern with nice appliances.Besides putting it on Airbnb and letting bookings roll in, how can I reach out to promote this property?
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4 October 2024 | 14 replies
I'm a CPA and husband a financial planner so we're pretty focused and knowledgeable on the financial analysis and planning side.