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6 September 2024 | 6 replies
A good broker can create a narrative or story to help sell the building, but as debt continues to pull back, in my opinion, it will be more challenging to finance.Gino
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6 September 2024 | 19 replies
There's just always more to the story, and there is no easy money as I see it.
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5 September 2024 | 7 replies
I’ve heard horror stories of people who have to tear apart their house because of work that wasn’t permitted.I’m wanting to buy another home and rent this out as a duplex but I’m worried that if I apply for a rental license or anything that’s dealing with the city, they might find something that’s not permitted and we’ll be stuck with a hefty bill.
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6 September 2024 | 19 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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6 September 2024 | 9 replies
I don't know the cost of your fridge, but my CPA would simply expense it.The funny story is a rehabbed a house, bought appliances in a refrigerator, hot water tank and depreciated the entire rehab over 27.5 years.
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10 September 2024 | 43 replies
The repair costs were$220,000; not including the expense to relocate the 5 tenants tomotels while their units were being repaired.”Theseare not uncommon stories and it’s taken a toll.
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4 September 2024 | 7 replies
t show.I read your story and it leads me to believe you were dealing with a HM broker and not the lender directly cause they won't even schedule a closing unless the loan passes UW, gets voted on by committee, and then stamped with final approval.
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5 September 2024 | 4 replies
- Successful BRRRR Stories: I’d love to hear about any successful BRRRR deals you’ve done in the area and what made them work.Thanks for any help you can provide!