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4 November 2024 | 13 replies
So:When tenant is not doing what they agreed to do or what they should be doing or what you would like him to do, instead of allowing yourself to respond by getting stressed out, spend the time planning your actions.
4 November 2024 | 11 replies
After that I am using 5% rent increases with 60k renovation in yr1- using 20% down around 8.5% rate, many loan officers keep telling that only 25% down is minimum.. idk- yr1 goal to increase rents w renovation around 60k spend w 5% rent increase (tricky part it probably lot of rent lost while renovating maybe 2-3months) - estimating that yr1 and 2 is negative CF and then projecting positive CF w yearly 5-10% rent increasesAny ideas if this makes sense or not?
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5 November 2024 | 34 replies
These people are so nice that they are still helping you even though most of your responses are just overglamorizing them or profusely thanking them because they didn't ask you any questions.The other problem is people who tell you how bad they feel for you because other people didn't light a scented candle for your two-line post and spend an hour of their own time trying to help you when you have a new profile, with new photo, and no information.You lucked out with some nice people in here @Scott Meech, but it's because of them that you have information not because you brought anything to the table other than a hand out.
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7 November 2024 | 51 replies
I stand by what I said earlier about access to capital - as an investor I know that its pretty easy to access large amounts of capital, and anyone who spends a lot of time, money, and energy marketing for capital is a red flag.I believe Summit has filed for bankruptcy, but as this has happened multiple times already expect them to resurface soon with a new name & new website.
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29 October 2024 | 10 replies
4) How many total people in your household?
28 October 2024 | 1 reply
fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.
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29 October 2024 | 5 replies
My household brings in $6,900 a month (83k a year) we are buying a house at 395k 6.625 interest rate.
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1 November 2024 | 3 replies
Never spend the deposit on anything until the tenant is out and the lease is terminated.
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2 November 2024 | 8 replies
Spending time as a youth with my dad on his rental properties, years and years of hands on property management as a minor.
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6 November 2024 | 13 replies
So I spend a lot of time on TikTok (too much really) and I have NEVER heard or seen this squirrel in my life.