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4 February 2025 | 41 replies
As echoed by many, the Midwest, specifically Milwaukee continues to be a strong market for cash flow.
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5 January 2025 | 39 replies
Sometimes things just happens and if you can walk away with a little gain but get out of a problem situation you call it a good day!!
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25 December 2024 | 10 replies
Dealing with people is messy, its not uncommon to have difficult situations and conflicts to deal with. 9.
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4 January 2025 | 20 replies
I was following this post so disappointed no one has any specific recommendation.
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7 January 2025 | 5 replies
For me, I am a little hesitant because I would be in a situation where I would be trying to secure traditional lending (which should be very feasible given credit scores & what $$ amount I am pre-approved up to from my banks), meaning that I assume I would be forced into using my first-time homebuyer loan incentives.
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7 January 2025 | 24 replies
When the tenant moves out and the funds are distributed either to the tenant or the landlord for damages, then the subaccount for that specific tenant has a zero balance and that subaccount is closed.
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6 January 2025 | 6 replies
Several of my investor clients have dealt with similar situations in North Carolina, and here’s my take based on those experiences.First, you’re right about the legal framework: NC landlords must make reasonable efforts to re-rent the property, but tenants remain liable for the rent until a new tenant is found.
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13 January 2025 | 15 replies
As many have mentioned, most fix-and-flip loans allow lenders to fund up to 90% of the purchase price and 100% of the rehab costs, but they typically won’t exceed 75% of the ARV.However, If you're not including a rehab budget, lenders often cap the loan at around 70% of the purchase price, which might explain the situation you're encountering.It’s generally more advantageous to include a portion of the rehab budget in the loan.
8 January 2025 | 10 replies
I also like having credit cards at the management level rather than a credit card per property.We can get into the weeds with this stuff but it all depends on your specific goals and how you're managing your properties.
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26 December 2024 | 10 replies
MartinThe situation in Switzerland is particular and completely different than in the rest of Europe.