20 March 2023 | 13 replies
Closer to 300 in C markets, but those are quite rare if traditional side by sides and not monster houses.Plenty of turnkey 2 bed/1+baths in the 200-300 price range in A-C markets.To cash flow on a turnkey, you will have to rent out a room (350-500/room depending on property quality.I helped a house hacker buy a turnkey in Liberty around 13 month ago. rates were in the 3's then, so he is sitting pretty. paid 325k (now its market value is around 365k) for 3 bed/2.5 bath in nice area.
9 July 2024 | 21 replies
Upon arrival we had to cleanup two dump truck loads of garage that they left behind in the apartment and basement.
19 August 2021 | 32 replies
They would have to have a truck set up for towing a trailer.
21 July 2023 | 24 replies
A construction co. is a $-Monster, it devours capital at an insane rate.
20 May 2022 | 130 replies
Wall St. has created a monster.
5 February 2014 | 7 replies
When you work on a lot of rentals you buy tools, the company can buy and deduct them, the truck you put gas in every week can be a company asset and the gas an expense.
26 March 2019 | 13 replies
An expensive one.I might meet the tenant and let them watch me put it in my truck, and then install it later for the new tenant when they move in.
22 July 2018 | 4 replies
Generally you are going to have better luck with smaler local or regional banks than with the big monster national banks when it comes to financing an LLC.
19 July 2024 | 6 replies
Concessions This is another monster that can decimate your cash flow if you're not prepared for it and don't underwrite your deal correctly going in.
8 March 2015 | 4 replies
It is during the MOVING PHASE, that you must be cool, have all your wits about you and be prepared, yet still be cordial so as not to enraged the monster that seems to be lurking in your Tenant during the MOVING PHASE (as there is NO ANTIDOTE to calm the savage beast once it takes form).