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20 November 2024 | 15 replies
Originally posted by @Jaidan Lanier:@David PereThank you man.
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16 November 2024 | 7 replies
I have not received favorable terms from the local bank I worked with on the original loans, and they are unwilling to work with the RV Park whatsoever.You may look for cash-out refinancing.
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19 November 2024 | 5 replies
This property was originally a fixer-upper that I finally brought to a point where it is in good condition, has good tenants and good, predictable cash-flow.
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19 November 2024 | 20 replies
Not my scene, I'm originally from New Jersey.
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17 November 2024 | 5 replies
I let them know, yes proceed on T&M not to exceed the original number and do not do any work above that number.Week later contractor finds an issue and says "hey, we have another issue and we can take care of it for $500, As it stands I believe I am going to come in under my estimated total." - So we authorize the work.Contractor submits the quote yesterday for $8k and is threatening me about it.
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17 November 2024 | 5 replies
The wholesaler maybe has it on a daisy chain so is trying to get his fee outside because he isn't on the original assignment contract?
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20 November 2024 | 18 replies
Originally posted by @Jasmine Zhang:This thread is very helpful and I learned a lot of information here.
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20 November 2024 | 14 replies
@Justin Cummings what was your original strategy when you bought these?
19 November 2024 | 28 replies
I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?
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15 November 2024 | 2 replies
@Kristin SolbachWhat was the initial purpose of your original setup ?