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10 January 2025 | 12 replies
The issue I had was that most lenders required a certain number of completed flips done under a LLC.
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13 January 2025 | 11 replies
If there are items of value left behind, or even personal items of sentimental value, I will follow the abandonment rules to a "T" to avoid any legal issues.
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16 January 2025 | 8 replies
We have become good at it, by simply issue a 3 day letter to pay rent or quit.
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7 January 2025 | 13 replies
Partnering with an experienced local agent will be key—they can guide you through the market and help identify the best opportunities.
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8 January 2025 | 27 replies
But if its not related to that type of water damage, the other questions ask about present tense issues, and not past issues.
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14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
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17 January 2025 | 7 replies
As an investor - if I was putting $125k down I would want title in my name and a clear title policy - so that is where I would have the issue.
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19 January 2025 | 11 replies
Obey TorahBest, Larry Cheshier That’s interesting Larry but the issue becomes interest rates to borrow the money wouldn’t make this a valid choice.
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13 January 2025 | 9 replies
Be prepared to face fluctuations in the market, unexpected repairs, and tenant issues.
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19 January 2025 | 354 replies
I believe this is the issue at hand its the collateral.when you look at NPN pricing you will see this..