Brittany Farrell
Wind Energy Blade Company is Tenant in Default
15 May 2024 | 1 reply
My mom has established new lease terms with a 5 year lease agreement with the Company in an effort to protect herself against the possible liability that would come from having to remove the blades, and required a huge insurance policy to protect her against this too. The
Viral Mehta
Remote management - internationally
14 May 2024 | 5 replies
.- Maintenance when tenants are staying, what you said is doable too, the only pain fall that I am seeing is to trust the maintenance company and do a recurrent inspection.- Urgent maintenance issues, this is the most tricky part, in my case I have 3 of these situation and the go-to contractor didn't even answer the phone, so I had to find someone else, so made many calls to get this sorted quickly.One of my investors lives in Chicago and found that the house was destroyed when the tenant left so his wife came to Dallas for 2 months to fix everything so they can put back in rent.
Jay Lam
Property Management Agreement
7 May 2024 | 7 replies
I was wondering if the home is owned by both my wife and I, does my wife have to sign the property management agreement too? The
Dave Meyer
Is Real Estate Still the Best Asset Class?
14 May 2024 | 164 replies
It's actually my experience too. The
Taylor I.
Considering Subto Offer - What do I need to know?
6 May 2024 | 9 replies
the Reason is if you do a sub too .. the buyer can default and it will take you a few months to figure it out by then your have mortgage lates on your credit its hard to take the property back on the wrap you can easily foreclose etc.. really depends on what your credit score is worth to you .. ???
Jerry Daily
Buying another property to offset taxes
5 May 2024 | 5 replies
It can also get around state income tax too. The
Becca F.
Overleveraging, net worth, cash flow and headache factor
9 May 2024 | 159 replies
also since most of the advice in BP is coming from sell side, the return we got is the normal return hence why I am no longer interested.I am interested to gain abnormal return.my exerience- making 80k-100k per flip from 500k home is possible, only in CA- Out of state could be a good appreciation vehicle too- the wealth builder is created when we invest in expensive state only (CA/HI) with at least two properties- invest locally is thousand time better than investing outside because of the potential it creates- househacking and ADU is finance freedom LOLBut i develop a strong very atypical thesis also:- there' nothing passive about real estate investment- investing in syndication is more active than direct ownership- the risk of the unknown of unknown is the biggest issue in any real estate- at the end of the day, the probability of we as landlord is hitting problem with tenant/city is like 100% so be prepared- the difference between different type of real estate investment is the unknown factor and that's always the least discussed- strategy is always different depending on macro climate, if mney is cheap leveraging equity is the best, if money is expensive then buying debt is good option- don't chase best return but chase the most understood risk and capital preservation as a goal- not all RE investment has equal return/risk , syndication in multifamily for example is outsourcing all risk to investor while gp makes the most money lol- direct investment is always always better than indirect investment, except in certain asset class and extremely good sponsor that could find a noticeable return/risk reward.- donot follow the crowd, when everybody else is buying then it's good time to sell, vice versa LOL- if the math doesn't pencil, GTFO lol
Lina Emory
DSCR, Line of Credit or something I haven't thought of?
30 April 2024 | 7 replies
Would love more capital to keep expansion the other two sites too. The
Joshua S.
Velocity Banking / HELOC Checking Acct - It Works (Proof)
6 May 2024 | 76 replies
They should be leveraged TOO. The
Peter Stackhouse
Off the cuff Condo Purchase.
29 April 2024 | 0 replies
Go over the mortgage numbers with a fine tooth comb.