30 August 2024 | 15 replies
Account Closed I would approach the tenants on either side of the vacancy and offer them the space at a substantial discount on a term matching the balance of their current lease.
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29 August 2024 | 24 replies
My first flip was a success, achieving a 14.5% return on invested capital.
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29 August 2024 | 19 replies
So average balances in the bank in the low to mid 7 figures is how you do these deals.
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28 August 2024 | 32 replies
Someone that has a good balance sheet and will makes the banks happy.
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29 August 2024 | 14 replies
Lenders in the RE space aren't the healthiest right now in my opinion and need some stable wins on their balance sheets.
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28 August 2024 | 23 replies
The remaining balance will be kept in escrow and pay out when they vacant the property.
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28 August 2024 | 5 replies
The objective should be to protect yourself and properties without adding unnecessary complexities to your business and greater emphasis should be placed on reaching better balance.
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29 August 2024 | 13 replies
.); the larger drawbacks of course are lost investment gains in the plan and potentially needing to repay the loan balance in full if circumstances change, among others.
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28 August 2024 | 11 replies
Arranging schedule of various trades and balancing the good ones with the ones that are available.Permitting and inspection issues (should be a non-issue, but last house we had a new inspector that seemed like he had something to prove and nitpicked what I view as non-issues).Market swings impacting ARVs, or in the current market: are we going into a recession before the house can be completed?
30 August 2024 | 13 replies
Sure there is a balance between addressing concerns vs. being a needy landlord, but if you have the evidence from the report that the property is "gross" and you're willing to put work into it...