David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
Evictions normally take 4 week once the demand letter is given.
Jason Khoury
Property on Leased Land
11 August 2024 | 4 replies
If I were to go this route it would be a midterm primary (3-5 years) and then be converted to STR or normal rental property after that.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
If you have never been a Banker reviewing a loan, then you are just gambling.
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
If I put in x amount of work when buying a property normally, I would put in 2x the work when buying it foreclosed , private party or from wholesaler.
Derek Gardner
Where to find best pricing for owner occupy refi on fourplex in Los Angeles 57% down
9 August 2024 | 9 replies
Erik - I was told I would get better pricing if I place a deed at the time of purchase.That way I am doing a normal refi (taking out a hard money loan) and not a cash out refi.
Steve Cribb
Rent Payment excuses
11 August 2024 | 12 replies
This is normally in the form of a 3-day notice.
Alan Asriants
2025 Phila Tax Assessment - Large increases coming
10 August 2024 | 1 reply
To give you some perspective on what those tax increases can look like here are some examples of the changes based on some of my properties that I own in the city:$4096 -> $5522 (+1426)$3850 -> $5516 (+1666)$3835 -> $6283 (+2448)These are only some examples, but all of the properties that I own have increased in its tax assessed value, therefore drastically increasing the taxes per year and decreasing annual cash flow.While tax assessments are normal it seems that this is a very drastic effort to recuperate losses.
Blake Yarbrough
Down Payment Investing Partner
12 August 2024 | 26 replies
I don't think this is normal.
Ryan Randall
HELP - Insurance requiring Fire Alarm?
9 August 2024 | 8 replies
Now, while searching for new insurance through a broker, I'm being told that my building now requires a "Central Station Fire Alarm that reports to a Central Reporting Station".Is this new requirement normal?
Isadore Nelson
Tax Lein vs Tax Sale - How To Get The Actual Property?
10 August 2024 | 5 replies
I would think in deed states, normally takes way more money to play up front.All this is pretty much just a guess.