
3 March 2017 | 5 replies
My personal moral compass is guided in this exact order: God, family, work, fun.My apologies for the length of my post.

19 January 2017 | 5 replies
@Todd Magin, thanks for the confidence boost!

20 January 2017 | 21 replies
Moral of the story, if a judgment is executed against you, assets can be taken regardless of their location.

20 January 2017 | 10 replies
Any advice is greatly appreciated.8bd/4bth legal 3 unit Unit 1:2/1 TNT pays all, rent 550Unit2:2/1 TNT pays all rent 475Unit 3:2/1 rent 450Asking price 100kARV 140kDp 5% at 5k loan AMT 95kLoan interest at 4%Expenses:P&I: 453Insurance: 100 Water sewer: 100Prop tax:300Repairs: 147.50 at 10%Capex:147.50 at 10%Vacancy:118.00 at 8%Cashflow: 158.46Cap rate:5.25%Coc ROI:38.03%GRM:5.65This represents a purchase at asking price however when I viewed the unit a couple things stood out the attic seemed to have done a little moisture issues so I'm guessing the roof might need replacing, also the tenant in one unit had been therefore 10 years, thus the rental are below market value from comparables a these units rent could conservatively be rented for 600 600 and 525 boosting cf to 383.46, the first unit has lower ceiling also the one tenant who'd been there for 10 years complained of the first unit being occupied by gang bangers who sell drugs out the unit.

24 January 2017 | 23 replies
Many tech workers start out in San Francisco to boost salary and establish themselves before moving to more affordable markets, he added.

23 January 2017 | 8 replies
However if the buyer doesn't want me to live there or since I am paying under market value for rent they may want to boost the price or give me the boot.

23 January 2017 | 4 replies
If you need to just build your fico, open some new accounts to boost your dti% and just analyze deals until the market drops and pounce with your new wisdom and credit built.

22 January 2017 | 2 replies
@Martin Morales, A 1031 is a sale of any kind of investment property with the proceeds used to purchase new investment property of any type.

24 January 2017 | 13 replies
Morally, he at least owes his "friend" a phone call and explanation.

23 January 2017 | 4 replies
I stated that my business which is a 10 year old established business with over $2M a year in revenue would be a boost to the otherwise dead complex and the owner basically responded saying he doesnt care, he just wants to sell it and be done.