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23 December 2024 | 13 replies
She is in a good position with the contractor who appears to be in direct contact with the tenants in terms of minor fixes as they arise.
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19 December 2024 | 4 replies
I always make sure that the properties are cash flow positive, but the large bulk of the money I make from them is from the other items (appreciation, debt paydown, tax benefits, etc).
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24 December 2024 | 17 replies
If you find the right property, you’ll likely position yourself for long-term success, even if there’s a brief vacancy period to navigate.
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18 December 2024 | 2 replies
Did you use a local bank that agreed to a Seller Carry in second position?
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17 December 2024 | 2 replies
The combined entity would pose a significant challenge to other competitors.The offer is still under review by a special committee of Seven & I’s independent directors, with no guarantee of a final agreement.
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24 December 2024 | 9 replies
It sounds like you’re in a great position to get started—$100k saved up and a clear goal are huge advantages.
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20 December 2024 | 1 reply
Many sellers will not accept this since they are in second position, and it is very risky since if you default (higher probability for investors with no money and/or no skin in the game), they will most likely be wiped out during a foreclosure.
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17 December 2024 | 4 replies
@Jae Yoo you'll find it will cost more to sue the PMC than you will recover.While contemplating that, do the following:1) Review your PMC contract to determine how to terminate.
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18 December 2024 | 26 replies
I also review the insurance costs and try to get a solid estimate of coverage expenses to fine-tune my calculations.
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25 December 2024 | 10 replies
All of that said, nothing you mentioned sounds like you are in a position to evict anyone.