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22 February 2025 | 3 replies
The process has been gradual due to limited capital and DIY work.
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19 February 2025 | 2 replies
Hey @Ingrid Hussey, we’d also recommend QuickBooks—specifically QuickBooks Online—so you’re not limited by Mac or PC and can access it from anywhere (not just your local system).
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18 February 2025 | 15 replies
Limit on rentals and we are above that limit today, so no new buyers at this time can buy to rent.
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19 February 2025 | 4 replies
By late October, after 60 days of vacancy and two rent reductions), the same Dundee RTR listing remained advertised on RTR’s inventory site at their initial rent projection.I have been working with RTR’s client success manager through these issues, and I am cautiously optimistic RTR will act in good faith to help offset the losses here once it’s finally rented.
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19 February 2025 | 2 replies
But, if overly onerous capital requirements and regulatory restrictions are put into place, this would likely limit efficiency gains from independence, which is the whole point.
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19 February 2025 | 9 replies
Proceed with caution and make sure you create enough room for value loss.My client recently had this issue and I told him only way to take this is if seller repairs it and lowers price significantly for value loss.
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23 February 2025 | 12 replies
.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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11 February 2025 | 0 replies
In my limited understanding it seems like the aforementioned brick needs to be reattached.It is my belief that the damage to the lintels, bricks and the internal water damage is due to the roof.
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22 February 2025 | 2 replies
First, the market conditions in Northeast OH may be influencing those lower projected returns, especially with rising rates and more limited inventory.
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19 February 2025 | 42 replies
Apparently, not only did they sell at a loss, I didn't get any money back at all and they claim I owe them an additional $40,000 for "renovations" despite no work being done to the building at all.