
27 March 2024 | 2 replies
A combination of hard money and private money How did you add value to the deal?

27 March 2024 | 8 replies
For me combination of 1 and 2 works out.I let my PM handle the tenant placement, rent collection and, if needed, evictions.

29 March 2024 | 13 replies
I have spent a lot of time trying to figure out what I want to do next and I keep coming back to the idea of either doing home flips, long term rentals, short term rentals, or a combination of them.

27 March 2024 | 0 replies
I have a duplex that I lease out, and recently got married where my wife and I are over 150k (salaries combined).

28 March 2024 | 11 replies
Since starting in March 2020, I have built 16 a property portfolio alongside my business partner combined with rental arbitrage properties, properties under our management sector, and even properties and land that we have bought of our own.
26 March 2024 | 8 replies
Another thing to note, my wife and I make combined about 350k so we can afford the monthly payment comfortably.

27 March 2024 | 9 replies
I have about 75k in HYSA and an Investment account combined.

27 March 2024 | 10 replies
My example of a recorded judgment lien not attaching to a trust with trustee other than yourself was a special case of outside liability protection.To get liability protection and anonymity, some attorneys suggest a combination of land trust and entity.In all my years of private lending I have only run across two borrowers that used land trusts, and neither of them were billionaires.

26 March 2024 | 3 replies
@Courtney Olson I did this for my candle business but it could work for real estateMaybe offer Step Up Payments too, as long as the number works, and hint at it helping wiht inflation and maybe combined it with an interest rate that is above typical inflation.A combo of something like 4% inflation to keep your same spending power as the years go, and we increase the payment by $25/month every 12 months so your spending power stays the same and you get a bit of a raise every year, then we could do a balloon payment in 10 years to settle the rest.Something like that could be an option.

26 March 2024 | 6 replies
With a second cause you sue for delinquent rent, late fees, damage, et al.You can file a first cause alone, a second cause alone, or a combined first and second.My question: If you plan on filing a second cause (i.e. the deadbeat renter is gone and you have possession), how do you find out where he is to serve him the court summons?