Christopher Dru
What to do about mortgage rates negatively impacting cash flow?
3 May 2023 | 37 replies
In this situation I'd need enough cash reserved to keep the property operating at a negative cash flow for the indefinite future.What are investors to do in situations like this when there just are not any positively cash flowing properties if you're not purchasing the property outright?
Account Closed
Is the Real Estate market really not going to take a hit?
31 October 2020 | 392 replies
For me it is better to find a really good deal (meaning price way below market), renting the property for a few years and then selling it, instead of chasing quick flips, or following the cashflow mantra.I don't really see any reason to rush and purchase properties when prices are hitting 8 year highsThis week I attended a conference call with the CEO of a big airline in Europe, who defined the current market as «a rollercoaster», impossible to predict, and gave a grim outlook of the current situation of air traffic and the airline industry..When people don't fly or travel, aircraft manufacturers don't make money, carmakers lower production, rental car companies go bankrupt, car sales go down, and people are being fired by millions.. maybe it's the time to be patientEven oil traded at negative prices just a few months ago!
Ben Leybovich
Why Is Everyone So Afraid of New Construction in Multifamily?
20 January 2020 | 22 replies
Rents will not grow indefinitely and when it gets competitive the new construction assets with the same basis as the C class rehab junk will have room to maneuver while the over rehabbed, maxed out rent C class goes back to the bank.
Johann Jells
What to do about a sanitation summons on a 3 family?
28 July 2018 | 16 replies
Would I be simply liable indefinitely for whatever they did?