16 March 2021 | 16 replies
Having someone there for you helps in big ways, even if it is just emotional support.My second tip is to buy something with minimal work, especially if you don't have a team set in place.
14 March 2021 | 0 replies
Numbers based on a sold property and optimistic scenario (e.g. low vacancy, minimal repairs etc).
24 March 2021 | 36 replies
Downsides are there's more turnover to deal with and can be more management with issues between roommates... this can be minimized with good tenant screening, leases, roommate agreements.I make sure the house is profitable as a normal rental along with room rental incase something comes up and strategy needs to change.
16 March 2021 | 8 replies
Is there still plenty of money to be made STRing a 650K 3bedroom premium cabin (log cabin build, wood everywhere/minimal sheetrock, hot tub, very nice)?
14 March 2021 | 4 replies
There are ways to minimize taxes if you work with a tax professional.
19 March 2021 | 2 replies
Tenant in place, 2% rule met, minimal repairs needed, low upfront cost...what could go wrong, right?
17 March 2021 | 8 replies
My maintenance/cap ex number starts at $250 (attached 2 br, 1 ba, low maintenance yard with minimal hardscape, already well maintained, less than 50 years old) and goes up from there.Initial Cash flow in San Diego is challenging at investor LTV.
15 March 2021 | 3 replies
Account Closed Have you considered house hacking to minimize living expenses (assuming you pay monthly rent), and then starting the trucking company?
17 March 2021 | 5 replies
So I am thinking it's just a matter of the banks don't write scripts on rental properties, or have minimal experience writing scripts on rental properties, so they are just saying no.Anyone know of a bank that does these types of loans for us more often?
6 April 2021 | 9 replies
This should be a completely separate company to minimize chances of blowback from its investors.