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25 July 2024 | 20 replies
Cut your losses counter offer and settle unless the amount is absurd.One of my lawsuits ran $150,000 in legal fees because I wouldn't settle for $2,000,000.
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25 July 2024 | 11 replies
That way you don't have to immediately worry about a big loss in cash flow starting in Aug.
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25 July 2024 | 3 replies
Of course I had some tough losses, but that why it’s limited to 10% (at my age; for someone younger might want that percentage much higher).
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24 July 2024 | 2 replies
Depending on Loss History, how long the lapses was, use of buildings, age of building and updates, etc. there may be a Standard Market.
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25 July 2024 | 8 replies
@Blue Presley sorry to hear about the losses in your family.
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25 July 2024 | 3 replies
3.Charing multiple fees in every parts of the game, including deal sourcing and other stuff - (I assume they might also be able to get kickbacks from each deal or rehab construction), after all these fees been charged, investors can hardly make profit.4.They are manipulating reviews and comments, if you say anything bad they will kick you out of their chat group and they will ask people to do "Great" Review to boost their reputation online or on their website5.There are many other things they do is unethicalAfter I doing few deals, I already loss some money and still have some projects stuck in my hand!
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25 July 2024 | 10 replies
So it's possible that the assignee might decide to cut his losses and forfeit the fee amount he already paid in.Regardless of why this might happen (which is really immaterial), the questions I should have asked are:How frequently (percentage of a wholesaler's deals) does it happen that a buyer backs out of the assignment, andWhen it does, how successful are you in pursuing the alternatives mentioned in Dustin Heiner's article?
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23 July 2024 | 0 replies
So, at the end of the day It’d be a wash or a little loss, cashflow wise, on one house and I’d gain ~$300-400/mo on the other house.
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27 July 2024 | 108 replies
So then divide that lump sum over the 15 years of the mortgage hold period and it’s a NET LOSS compared to what he’s doing now.
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23 July 2024 | 2 replies
My question simply is, does increasing your rmd from say 600 dollars to around 2grand a month significantly affect a loss of the IRA?