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Results (560)
Alan Ford Coronavirus (STR - give me piece of mind please friends?)
26 March 2020 | 45 replies
Absolutely phenomenal time to stockpile your cash and pounce after the market plummets.
Babek Sandhar Gettin approval for loan
2 March 2020 | 5 replies
How much cash are you going to have stockpiled?
Doug Wolff 1st deal under contract - having doubts - talk me down
10 March 2020 | 16 replies
@Ken Latchers said I would be fully invested and not have a stockpile of cash on the sidelines.
Brandon Campos What should i do to prepare to buy when market falls?
11 June 2020 | 2 replies
Rather, I would suggest stockpiling cash (and/or credit lines), make sure I'm on a strong financial footing with great creditworthiness, and start looking at deals rather than try to time the market. 
Daniel Hankins Conversation for the future of humanity
22 April 2020 | 2 replies
We should instead work together to build a solution that ensures the moral support needed to get to a better place in life.I think the way the whole organization is structured will also provide another sense of accountability towards each other.Create a “Flip to Own” plan that lets future tenants be more involved with the initial renovation between occupants.Create a transparent “Monthly Operation Payment” that includes:An investment buy in (market value amortized over 30 years @ current market rate + .3%).Taxes & insurance (will also need renters insurance).Utilities (goal is to have a history of avgs, but will be paid as billed).Any cost associated with labor support for “Property Stewardship Guide” (basic cleaning and lawn care).Repairs and Maintenance budget (.1% market value, any expense related to maintaining current market value/ rent ready condition).Capital Expenditures- Major repair budget (.1% market value, any expense related to increasing market value and capital expenditures).Good neighbor assistance dues (.1% market value, covers accounting costs and assistance access).Create an app that makes monthly property management an easy habit.Pull information from Property Stewardship GuideIt keeps track of all the costs that determine the monthly payment, including utilities.It has a checklist of that months maintenance tasks, based on the standards of the GNA, that ensures the most effective life of the property.Have a portal to submit rent payments, using paypal or similar services.Build in an option to apply employee wages from the GNA as rent payments.Have a profile page with all the important dates and documents.Leverage these managing residents to build a coalition of labor support for the rest of the properties under the GNA umbrella.If they are all employees of the GNA non profit, then we can distribute benefits including healthcare, retirement savings, etc.Create a rolling pay scale:Offer work in exchange for equity ownership in other projects.When the current managing resident is ready to move, they can either cash out remaining repair budgets and equity, or leave their equity in and share the profits with GNA equal to their equity share.The managing resident will partner in the process of getting the house back to full market standards.Use the stockpiled repair budgets to fix their respective categories.Use built up equity if repair budgets don’t cover that cost.The remaining repair budgets will be applied as a direct principal payment.If the managing resident wants to cash out, then the GNA will buy back the property at the current market price.Both parties will pay their traditional closing costs if applicable.If the managing resident wants to remain an equity partner, then the title is changed to reflect that business relationship, and the managing resident receives monthly payments equal to their share of rental profits or interest payments of the next resident.Previous managing residents must create and manage their own LLC.If the previous resident has more than 50% ownership in the property, then they are in charge of managing the property.The monthly payment for the previous residents equity will be equal to their percentage of ownership times either the interest earned from the next resident’s purchase, or from the profits if it is run as a traditional rental.
Joel Brown Omar’s rent forgiveness bill
27 April 2020 | 8 replies
It's even worse if they stockpile goods and create shortages. 
Les Key Reverse Mortgage or how to structure deal
6 May 2020 | 0 replies
Not having a stockpile of cash to fund his 1300/mo would a reverse mortgage work to fund a trust which would payout the current owner until his passing? 
Ethan Jensen New to Rental Property Investing - Colorado?
30 May 2014 | 29 replies
I'm not trying to stock pile cash or be the next Donald trump. : ) To the point/goal.
Reuben Stewart Investing in the midwest (Northern Indiana)
28 February 2014 | 4 replies
Its funny you say that because thats all i hear out there, "its too much snow im staying in"...Your stock pilling properties now so when its hot a dry and the competitions back brewing you wont have to work as hard.
Tyler Weinrich Made my last W-2 income in one check - story of a FT wholesaler
11 February 2017 | 10 replies
I have a solid stockpile of cash to play with.