
29 May 2024 | 18 replies
It's essential using a loc and applying it on your mortgage and recasting it after a chunk of it is paid down.

27 May 2024 | 6 replies
The value of your house is essentially determined by the opinion of one person.

31 May 2024 | 111 replies
Instead, I gave her a no-interest loan; she wanted to get a new car and never had one before, so I bought the car outright (a sensible Kia Forte) and essentially gave her a no-interest loan.

27 May 2024 | 5 replies
It's essential to have discussions about corporate structuring with your CPA or attorney.

28 May 2024 | 26 replies
Essentially they are cheaper DSCR loans.

27 May 2024 | 20 replies
Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

28 May 2024 | 68 replies
I'm almost certain it was her but I am dumfounded that she would essentially forge a sign to then park the bike and then point out that the sign allowed her?

25 May 2024 | 2 replies
Popular theme that can be difficult to execute however increasingly there are borrowers with pandemic era mortgages that are selling and the mortgage can essentially transfer (be assumed) by the next owner.

27 May 2024 | 28 replies
I hope you like smokers, because they all smoke like chimneys and have no regard for flicking butts on your property....eventually my parents went on a trip and of course the sober house people had a perfect view of them loading up their luggage, and what ya know after 25 years of not a single crime...they were burglarized, by a homeless junky ******* that was friends of one of the residents or was a previous resident....The sober house operators were ******** and not cooperative....their are more than a few of their patients were loud obnoxious gang banger types, giving the hard stares and intimidation types of attitude.Lastly.... on more a general note... the affordable health care act made some seriously horrible changes to the way insurance can deal with addictions....it used to be that their was a limit to how many sober claims a patient could make, and then the insurance company turned off the tap....now, a patient can relapse as much as they want and the insurance has to allow them back into another sober program...it essentially incentivizes the sober programs to fail, because it assures them a steady flow of repeat customers.Lastly, I found the few sober house operators that I came into contact with, during this time, to be vile phony insurance fraudsters and street urchins, acting like their title made them actual healthcare providers.Just my 2c...and sincerest apologies to the 10%(if that) of the industry that are a really providing a quality and ethical service.

24 May 2024 | 3 replies
We plan to rent out the basement on a medium-term basis - we are going to install a full kitchen down there, put a lockable door between upstairs and downstairs, fence off a private section of the yard, and there is already laundry down there, so it will essentially be an up-down duplex with a separate walkout basement entrance.