26 November 2024 | 3 replies
I think this is generally a good post but, a couple of subjects warrant comment (opinion...which yes, I know how valuable anyone's opinion may or may not be).* In my world (Bank) a "Foreclosure" is a property/loan that has a filed notice (Often referred to as first legal) that a foreclosure has commenced and is somewhere in the foreclosure process between first legal and sale (or post sale redemption).

20 November 2024 | 1 reply
For the first and maybe the first couple of properties, I wouldn't worry about QB.

23 November 2024 | 5 replies
You have a couple ways to access that equity.... you can 1031 your orange county property into a large multifamily and create cashflow that way.

21 November 2024 | 4 replies
And BRRRR in general are hard to make pencil, primarily because rents in my market, while up, have not really grown as fast as overall property values, and the cost to finance is much higher relative to a couple years ago.

22 November 2024 | 28 replies
I'd get quotes from a couple lenders and just go with the best one or the one you'd want to build a relationship with.

20 November 2024 | 9 replies
It depends on the scale of your portfolio but if you have a couple properties and they’re all straightforward, I think google drive is fine.

21 November 2024 | 5 replies
I'm also in Buffalo and have a couple properties that used to have additional structures on them.

20 November 2024 | 1 reply
This is the breakdown:2 tenants on month to month leases ~$250-$350 less than market1 long term tenant (15yrs) is now on month to month lease and is paying $1500 less than marketAfter consulting with a couple of people and doing some research, it sounds like anything over a I should apply banking rent raise and submit a 60 day notice (all of these units fall into that category).

18 November 2024 | 14 replies
If they are married/related yes, combining incomes to reach the goal is generally acceptable.

16 November 2024 | 12 replies
In terms of what I learned from reading Rich Dad/Poor Dad a couple years, I think I land in the Poor Dad philosophy and I'm looking to break out of that a little, but also am risk-averse at my core.