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11 October 2016 | 13 replies
More often than not mechanics break down as a result of the house being foreclosed and not utilized for an extended period of time.
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15 September 2016 | 2 replies
Sounds like they have partnered with 1 provider to try and expand their offerings, but these company owned brokerages are typically run by employees who have no vested interest in winning your business.Probably time to find a good independent agent to handle the rentals, AND you'd be able to leave the home and auto with USAA.Good luck
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19 September 2016 | 17 replies
Hey Amy, check out MAG Mechanical, and talk to Tom.
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18 September 2016 | 2 replies
Should I worry about a potential mechanical Lein on the property?
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22 September 2016 | 7 replies
Michael, I used to work deals in Covina, CA for a large auto franchise brand.
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19 September 2016 | 1 reply
If you look at this first property as a buy-and-hold, you will have cash advanced on the line of credit that won’t be completely paid back to $0 and you will have your own cash in the property for improvements that you won’t get back out until you sell the property.2.)I’m going to throw out some possible terms, though I want you to know that everything is subject to final credit approval.Option 1) If you are wanting a line of credit secured with the autos, we will need to establish a financial covenant something to the effect of the line will need to rest at $0 for at a minimum of 10 consecutive days.
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24 September 2016 | 15 replies
I assume major mechanical updates.
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20 September 2016 | 4 replies
Darn auto correct
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28 September 2016 | 14 replies
Most people are not that dedicated and it shows.The passion I have left for this business is because it is a mechanism to fulfill "the great American dream" of upward mobility they used to teach in high school Civics.
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25 September 2016 | 0 replies
I am waiting for insurance money to repair the fire damaged property.Can anyone suggest a way that a JV could be implemented in order for me to get:1) $350k upfront for my venture,2) get value for the insurance for the repairs3) after repairs sell the property pay off the mortgage and split the profit and give the investor about $200k for the $350k investment (plus repair cost)Just to want to know if there is a legal mechanism to do this.