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16 July 2018 | 9 replies
The challenge with house hacking is weighing the aspect of 'places we'd like to live' with 'places where the numbers make sense.'
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10 July 2018 | 1 reply
I figure this is likely the commercial space value and I could probably add $50/month on lot rent, or trailer rent on the non month to month trailers (all but one).I'm trying to learn commercial quickly, but I still don't know all the right questions, or what documents to request, or what things I don't know to ask that will bite me (are septic systems legal, violations, etc)I would appreciate any feedback on any aspect of this deal, from my financing assumptions, cap rate, reasons I want to like it, office rental income, etc.The numbers I used are from the P&L they provided, and seem really high.
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7 July 2018 | 0 replies
I've been looking to master the sub2 method initially until I can move into other aspects of the sale.
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7 July 2018 | 2 replies
I struggled in every aspect of learning wich was expected from a child who was raised In a bad situation mixed with alcoholism and domestic violence, but As i entered my third decade of life the world showed me just how brutal it can be.
6 September 2018 | 3 replies
This service is NOT for the investor who needs and/or desires to control all aspects of their investment, from research to acquisition. - Value Add: ConvenienceThe service would be as follows:An investor provides me with their preferences for acquisition cost, cash flow, property specs, location, etc.
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7 September 2018 | 3 replies
I’ve been doing quite a bit of research about what lenders would require and the various aspects of bank loans versus agency loans.
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7 September 2018 | 6 replies
If you can debt ratio and don't have more than 20% declining from the previous year, you should be good on that aspect of the loan.If not, you can do an Investor Cash Flow loan where no income or employment is listed on the loan application and the only requirement is that the property rents for the same or more than the PITI payment of the mortgage?
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10 September 2018 | 20 replies
@Jonathan R McLaughlin Thank you for such a detailed response, and very good point about the not apologizing aspect.
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26 September 2018 | 26 replies
Free Advice: Create two LLC's one for flipping and one for your passive as this will prevent domino effect if one aspect fails and make sure you setup proper firewalls to prevent commingling funds.
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11 September 2018 | 31 replies
The PM can make or break you--being remote, you will basically be at their mercy to deal with problematic tenants, find tenants and keep vacancy low, collect your money, find contractors... in short, every aspect of actually running the business.