Dave Meyer
Door count is a terrible metric. Please stop using it.
7 July 2024 | 89 replies
Are they cash flowing?
Dallin Godfrey
Is Home Warranty Worth it?
7 July 2024 | 13 replies
Even if its cutting the warranty off, sticking to manufacture warranties, and saving the cash to pay for expenses when they come up.
Account Closed
Does this Triplex make sense for my 1st deal? (WISDOM Wanted)
9 July 2024 | 1 reply
However they haven't had any other offers and it has been on the market for roughly 70 days.At the accepted offer rate our mortgage would estimated be:Year 1 - $5231Year 2 - $5750Year 3-30 - $6292Each of the 3 units would rent for an estimated 2-2.5k totaling roughly 6k-7500 per month in income depending on what we can rent each unit for.So with all that being said, conservative numbers the triplex would cashflow roughly 1k per month assuming we don't live in it and have all 3 Units rented.That seems like razor thin margins, especially when factoring in expenses so my question is:What is the cash on cash net return per month you would look for in a triplex deal like this?
Robby Sanchez
first house hack
11 July 2024 | 6 replies
I have the option of pulling out a HELOC from my home in KY that could cover the amount for both HVAC systems. and if i do that i could most likely use the cash flow from when i move out to make the payments on the HELOC.
John Mezzoni
Seeking advice on how to buy first multi
9 July 2024 | 6 replies
I have a little over 100k in cash.
Thuy Pham-Satrappe
Anyone worked with Select Property Management Pros in Fort Wayne?
9 July 2024 | 7 replies
"Standard" is a little overrated word in my mind, because the quality of the service these managers provide probably greatly differs.
Cody Journell
How to get more PM customers
8 July 2024 | 15 replies
I would focus on creating a business that provides the best service for your clients.
Liam Lee
Do you need to pay the title fees again as seller after bough the house only a year?
9 July 2024 | 6 replies
They should be providing you an estimate with breakdown of the total fees to close the sale.
Josh H.
Private Money (Hard Money is for Suckers)
7 July 2024 | 30 replies
This could be worth it if your investor were adding value beyond providing the money.
Dee D.
Are you still investing in Colorado? Restrictive new law HB 24-1098
11 July 2024 | 15 replies
If you can find a great long term rental that still cash flows in CO, then I'd say it's still worth it.