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19 December 2014 | 5 replies
Attorneys are fully able to accept partial payments and you can play hardball but if you can't squeeze blood out of a stone.
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25 December 2014 | 2 replies
That leaves management with the task of decreasing expenses, run it more efficiently, but in reality, there is only so much you can do here as a 2-4 unit isn't at an operational level where expenses can be significantly cut.You can't squeeze blood out of a turnip.Chances are, a savvy owner isn't going to be leasing you a property for you to let to someone again at any killer earnings potential, not much more than management fees.
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29 December 2014 | 17 replies
It's been working for us, but it has been a lot of blood, sweat and marital arguments, and I do wish I had had the foresight to be more diversified in class of tenant and in geography.
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2 July 2019 | 189 replies
But at the end of the day, these properties made money because I stayed on top of it.I've since pulled back on these (still have one 4-plex and 2 duplexes left I'm trying to exchange out) and "graduated" to SFR which I'm finding to be lower turnover, higher quality, thinner margin, but requires very little PM.
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26 January 2015 | 17 replies
To raise their own flesh and blood in a crime ridden area is child abuse.So please stop with the "block" nonsense and really give some thought of how stupid that sounds.
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15 December 2015 | 130 replies
I could probably afford to pay up to 75 % but that leaves me with thinner margins.
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6 February 2015 | 12 replies
It may be tweaked slightly based on the property - they may need a bigger percentage on a thinner deal.
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7 February 2015 | 10 replies
Is it like sharks smelling blood?
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14 November 2022 | 18 replies
The fed has noted they are targeting getting rates to 4.5-5.5December will see another 50 bps raise.People cheering about October and the rate is below 8 is like someone whose blood pressure was over 200 and now it’s down to 195.
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13 November 2022 | 4 replies
You can't get blood from a stone.