9 January 2025 | 21 replies
Do that enough times and you'll eventually find a deal you can afford.
12 January 2025 | 6 replies
I wanted to purchase a vacant house adjacent to two of mine years ago and it ended up selling, listed/sold same keystrokes to someone with a connection to the nonprofit for less than what I would have paid.
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
11 January 2025 | 20 replies
Check "flexible" dates for a house with a pool to weed out the condos with shared pools.
11 January 2025 | 1 reply
If they say Service Link, find another house.
11 January 2025 | 2 replies
I used to do BRRRR strategy here but now only do flips and help with others' house hacking or flipping.I had to move my BRRRR strategy side of the business to Tyler Texas.Are you still investing locally or only out of state?
11 January 2025 | 14 replies
Selling the convenience of the location first and in such detail may lead some renters to assume that there is something not so great about the house itself since the sale in on the location.
9 January 2025 | 28 replies
Or house hack (buy a duplex) with an FHA LOAN
11 January 2025 | 12 replies
They rough house.
8 January 2025 | 13 replies
I use them and they are way more affordable than any other insurance I know of.