Tucker Long
New property, sloping addition: Fix it, fudge it, or leave it?
19 November 2017 | 1 reply
Install the bathroom on the sloping floors, will have to build up shower area to be level but no big deal.Pros- Fast, cheap, income starts soonerCons- Obviously the annoying sloping floors, renovating kitchen and adding bath on sloping floors pains me.ConclusionI can put in the bath and kitchen leaving the floors as it quickly and at wholesale cost, I'm confident this is the route most people would take in my circumstance.
Jack B.
Heavy property taxes in WA worse than state income taxes
23 June 2020 | 50 replies
Big time properties like mine in King County are more around 750K, that's what I'm dealing with, and you really feel the pain when you are paying 8K in taxes on just ONE property out of many when you'd be paying 3.5K in Nevada on a comparable dollar amount of properties.
Matt Jones
How I turned a Chrysler Crossfire into 15 doors
15 February 2019 | 7 replies
I had been contributing aggressively to my 401k and it was starting to build up nicely.
Eric D.
Strategies for Allocating Cash Flow
29 October 2018 | 8 replies
If you're looking to scale, then you need to hold on to cash flow and use it to build up the war chest to do more deals.So, that's the choice - if you're not trying to expand, paying down mortgages can be okay.
Greg Lovern
King County, WA NTS with 9 years of payments owing
26 November 2018 | 1 reply
I'm looking at an NTS in King County, Washington State where the amount in arrears is over 9 years' worth of monthly mortgage payments totaling over $208,000.
George Duchatelier
PURCHASING RENTALS WITH NO/LITTLE MONEY DOWN. Doable?
9 January 2023 | 45 replies
Talk to other investors there about who they use to fund deals.You could also wholesale/flip some properties to build up cash reserves to allow for more purchases.
April L.
Any reason NOT to invest with a friend for first-time investment purchase of STR?
4 February 2023 | 16 replies
.; a house hack), and then gradually build up to more advanced strategies as you gain experience.
Kim Beresford
STR conversion: Carpet or No Carpet?
2 February 2023 | 19 replies
Carpet needs to be replaced more often with greater chances of getting stains or excess dirt build up.
Deniz Eker
Buying properties for appreciation rather than cash flow
3 September 2020 | 22 replies
Also, equity build up dilutes all of your equity and reduces its value with each increase.
Casey Cole
Just Moved Here and Excited to Start!
23 January 2022 | 5 replies
So, I'm pivoting to finding a SFH that I can live in while renting out the other rooms.I am also excited to meet people in this space and to build up a team.