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27 March 2020 | 12 replies
True, it's your bad that you let it slide for 25 days.
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29 March 2020 | 10 replies
It also becomes more difficult with each subsequent mortgage.
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26 March 2020 | 5 replies
I am personally using the opportunity cost as a benchmark for my decision making; how much will it cost in terms of missed rent, costs to clean and market the property vs how much will I lose is I let a few months slide.
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7 August 2020 | 30 replies
On our first property, we had some electrical issues that needed to be addressed - in retrospect, we got taken for ride by the electrician - yes, he did the work correctly, thankfully - but clearly overbilled for his time and took us for over a grand more than it should have cost based on our experience subsequently.
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27 March 2020 | 3 replies
(if the property value drops, the lender calls due the difference on LTV):"But during recessions, when property values slide, borrowers who had been at max leverage (often 75 percent LTV) find themselves having to pay down their loan to meet the required LTV.What does this mean?
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29 March 2020 | 5 replies
But it can make financing more difficult if you buy in an LLC as you’d generally need to use a commercial loan which would have an adjustable rate and require a much bigger down payment.Many people buy in their own name with favorable residential financing and subsequently transfer to an LLC.
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27 March 2020 | 5 replies
Almost all of our investors come from word of mouth and end up investing in subsequent deals after their first.
1 April 2020 | 125 replies
These stores and restaurants can not get enough employees for the demand and are hiring.Many of these jobs are very low risk to virus exposure, eg. the pizza cook never sees the customers, puts the pizza into a box and slides it over the counter to a person with gloves and face shield who takes it to someone's car.
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14 August 2021 | 21 replies
I know it's on the down slide but not sure it will be that long or may be more depending on how long this COVID-19 episode plays it..
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28 March 2020 | 13 replies
So the guy who refused to close the beaches to spring breakers, thus enabling the rapid spread of coronavirus across Florida and subsequently across the entire nation after the spring breakers flew home, now wants to restrict STR.