Larry Pruitt
Commercial Loan Assumptions
4 June 2024 | 2 replies
The client cup of tea is loan assumptions with value add.
Marcus Auerbach
Newbies: investing is not rocket science - don't let the gurus tell you otherwise
11 June 2024 | 116 replies
We had Foxconn breaking ground here south of Milwaukee with a lot of political ra-ra promising some 11,000 jobs - I have seen buildings and land sell three times in a short amount of time with steep increases, the last one still holding the bag, because Foxconn never happened.Number one principal of seasoned investors is: always protect your principal.
Berry Starnes
Spread on Cleaning Fees per turn
5 June 2024 | 16 replies
I use this to replenish consumables - toilet paper, trash bags, paper towel, soaps, etc.It's important to also note that I overstock a lot of these consumables so the guest should want for nothing when staying so to me it seems like a fair trade.I have also just started testing out the Management Fee function in Airbnb to spread charges over the nightly rate.
Michael Plaks
Caution story: Cost segregation done WRONG
4 June 2024 | 10 replies
Then again I see so many people STRing in year 1 just to convert to LTR in year 3 once the big cost seg is done and in the bag.
Jim K.
FOUND: $642K and gold behind a water heater
3 June 2024 | 56 replies
My recent find was bags of half dollar coins in the attic.
Vinvi Gucci
Best way to end a partnership
1 June 2024 | 2 replies
The worst case scenario is we are left holding the bag for the rehab money and hence, want to make sure that does not happen. :(
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
4 June 2024 | 221 replies
Since the White Coat Investor analysis I posted earlier seem to be debated by others yet to post counter-point sources I'll share another source that I found while researching WLI a few years back, Consumer Reports. https://www.consumerreports.or...In this analysis from one of the most independently-funded, unbiased consumer advocacy groups in America the outcome was the following: < 5 years: poor investment (versus term)16 years: you break even on cash surrender value + value of insurance received+20 years: dividends exceed term + treasuries alternative, surrender charges disappear In sum CR concludes: This mixed bag of potential benefits and costs is complicated enough for consumers to navigate, but poor disclosure robs consumers of the information they need to comparison shop.
Ken Chen
Investing in Ohio
31 May 2024 | 16 replies
Prior to the site, I was set on areas around the university of Toledo, but after a few months searching, I’m still holding my bag.
Benjamin Hui
Pest control - who should foot the bill?
30 May 2024 | 8 replies
Put them in the room with the ant problem and it will be gone within a few days.If you have ants outdoors, there are shaker bags from Terro that make it easy to walk around and sprinkle the poison.
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
31 May 2024 | 149 replies
They will at some point and you don't want to get caught holding the bag.