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12 December 2024 | 20 replies
Recommend:1) Letting the tenant know they need to buy traps and use them.2) Waiting until S8 gets involved.
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11 December 2024 | 14 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
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14 December 2024 | 101 replies
The class instructor did show us various creative financing methods, but most of the time was spent trying to hype people up to become better people and help other people out of a foreclosure situation.
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9 December 2024 | 15 replies
Some investors rely on the BRRRR method to keep their capital working, but in a high-rate market, a short-term strategy like flipping a property could also provide a quick cash injection to maintain growth.
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6 December 2024 | 11 replies
I've been involved in a lawsuit that settled right at a million dollars, and that was over 20 years ago.
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7 December 2024 | 1 reply
There is not enough meat on the bone to involve an agent or an attorney.
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11 December 2024 | 101 replies
In Mexico, that won't happen; you'll be shot if you get involved in the drug business, which most people won't do.
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7 December 2024 | 11 replies
I don’t know of any other opportunity where you can net $10-20K (in some cases even higher) per month on a single residential property.There’s usually plenty of room to bring investors in and everyone involved still win, even in todays higher interest rate environment.Financially, residential assisted living is usually a more cost effective option for families than alternatives.
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10 December 2024 | 11 replies
Its a tough subject because logically, they are joint and several guarantys so rationally a 100% guaranty from each of two people (one 740 one 680 for example) is ALWAYS going to be better than just one 100% guaranty from someone at 740 (so it wouldn't make sense to have a better rate for the latter)The problem is that there is fraud and "straw borrowers" out there where someone who is not involved in the property signs on to boost score and terms - so many DSCR Lenders in response either do the "non-rational" thing and price to the lower to avoid the fraud or use the higher of the two (and either be a little loose with things or just stay vigilant on any funny business)
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9 December 2024 | 1 reply
According to dictionary.com, cybersecurity is defined as:1. precautions taken to guard against crime that involves the internet, especially unauthorized access to computer systems and data connected to the internet.2. the state of being protected against such crime.It is a very generic definition, but it's not too far from the truth.