Hi Everyone,We are closing on a vacation rental on Hutchinson Island, Ft Pierce Florida 1st week in December and have been talking to the folks from Evolve Vacation Rentals. They charge a flat rate of 10% and list on...
How do we factor in property management expense into cashflow? Obviously we factor in the percentage each month, but how about the bonus they get when they find a new tenant?Hypothetically lets say a property managem...
Seems like there are two methods which all the books, videos and articles put forth: Cash Flow and Appreciation.
Landlording seems to lend itself to the Cash Flow side of things, with possible returns several years d...
In the process of purchasing a 6 unit complex and the rents have not been raised in years. 4 units are 2/1, one is 2/2 and one is 3/1. The rents are as follows...
2/1 - $425(been this price for 15 years), 2/1 - $600...
I am partnering with a mentor on a home flip but his expertise is more on the contracting side than the financing side so I figured this would be a better place to ask.
The home isn't on the Mls, it's not even techni...
Hi BP.I am currently engaged. My fiancé and I are planning on getting a property in January or February of 2023. Before I ask some questions, I want to give you a little background information on us.We both were in co...
BEFORE WE START: This is not my success story. This is the success story of @Steven Kwan. EVERYONE NEEDS TO READ THISSteven- feel free to chime and and help us out here!***Full disclosure: Steven purchased property th...
In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
YOUR ENEMY: To be found on AirBnB with the following qualifications...
1. MUST be Stelf-Managed. If they're using a PM they are NOT competition. In order to make sure.... click on their picture and open up their pro...
My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t ...