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19 October 2024 | 16 replies
Although rents increased by 2% annually, the purchasing power of this income is equivalent to $4,325 in today's dollars.Year 10: $5,000 x (1 + 2%)^10 / (1 + 5%)^10 ≈ $3,742Year 15: $5,000 x (1 + 2%)^15 / (1 + 5%)^15 ≈ $3,237Year 20: $5,000 x (1 + 2%)^20 / (1 + 5%)^20 ≈ $2,800Due to rent increases failing to keep pace with inflation, you won't be able to maintain your standard of living.
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20 October 2024 | 147 replies
Coaching business is failing, streamlined business is on it's last legs, posting 4-5x day new threads trying to catch the validation.
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16 October 2024 | 1 reply
If they fail the second inspection, I terminate their lease and remove them as quickly as the law allows.
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17 October 2024 | 12 replies
The landlord could be held responsible for 3x the deposit if they fail to do soWhat provisions are in the lease agreement you signed ?
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20 October 2024 | 9 replies
This is similar to how a traditional mortgage works when a bank requires an escrow account.
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18 October 2024 | 8 replies
Will the bank count all of the debt against my income, half?
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19 October 2024 | 30 replies
Large investment in a failed area,City should be paying investors to take those chances.
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17 October 2024 | 26 replies
As a result, a number of mortgages were defaulted and the banks repossessed.
21 October 2024 | 4 replies
Their ability to accurately estimate the after-repair value (ARV) and confidence in their pricing allows them to exceed the 70% rule by 1% to 2%.Finally, experienced investors often have advantageous financing arrangements with banks.
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17 October 2024 | 47 replies
Plus many logisticaly closing problems with buying and closing a day before the auction re getting a decent title search, the pay off to the bank to stop the auction.