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6 January 2015 | 50 replies
If I were in your place, I would have waived the last month's rent for the inconvenience and offered the tenant a full refund of her security deposit when she turned over the keys.At this point, you still need to figure out some diplomatic way to get your tenant's forwarding address so you can mail the security deposit refund.
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21 August 2012 | 1 reply
The Euro crisis, high unemployment, and the uncertainty of healthcare costs into the future were all named as the top reasons by respondents of the survey.
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24 November 2017 | 39 replies
I know for a fact that during the Financial Crisis, some personal friends of friends had invested in properties that were cash flowing, but that cash flow stopped very suddenly.
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12 July 2017 | 7 replies
CDSs are not traded on an exchange and there is no required reporting of transactions to a government agency.[6] During the 2007–2010 financial crisis the lack of transparency in this large market became a concern to regulators as it could pose a systemic risk.[7][8][9][10] In March 2010, the Depository Trust & Clearing Corporation (see Sources of Market Data) announced it would give regulators greater access to its credit default swaps database.[11]See https://en.wikipedia.org/wiki/Credit_default_swap#...
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13 May 2020 | 5 replies
My initial plan was to keep accumulating savings in this checking account until I have saved enough to pay off one of my rental mortgages with enough left over to handle any unexpected maintenance, repair issues, or vacancies that may come with this COVID crisis.
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20 April 2022 | 19 replies
Im canadian citizien.Thanks for helpThere is no financing in Peru for foreigners unless you put down 80%Currently there is a financial crisis in Peru, GDP WAS AT 7% in 2010, now coming in at 1.2 monthly average.
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13 June 2016 | 16 replies
I had one tenant where everything was a crisis and not responding to calls and texts at 7am on a Sunday morning was just required once I found that out.
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15 July 2016 | 11 replies
As for the personal guarantees anyone with a 20% ownership or more will have to provide an unlimited personal guarantee to the SBA.From my experience in both lending to hospitality projects and liquidating hospitality loan portfolios after the 2008/09 crisis I can tell you that a balloon after 5 years is very risky.
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20 November 2017 | 10 replies
I worked through the financial crisis and watched all of the brilliant property maneuvers of now broke individuals, I know, I know "It can only go up."
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9 February 2022 | 77 replies
The only comment that I haven’t noticed yet, that normally surfaces on this topic, is the question “if you’re not comfortable buying now, when it’s relatively safe/easy, will you really be able to buy in the heart of a crisis?”