Sam Wilson
Any other laundromat owners/investors out there?
16 December 2019 | 16 replies
I've been in due diligence for the better part of a year now and have looked at a ton of businesses and frankly the business is in dire need of a refresh and rebrand.
Lee Haenschen
DRIVEBUYREI App. Anyone use it?
9 January 2020 | 2 replies
In the end I sent out about 400 +/- I did get 3 calls out of that 400, all of them were looking to get retail for a home in dire need of extensive repairs & updating.
John Fenny
Legality of wholesaling in Connecticut.
19 May 2021 | 13 replies
I'm sure there are good wholesalers but I wouldn't want to haggle over pennies with someone in a dire situation and take away their home.
Jayden Hamilton
Whats the cheapest way to increase the value of your home
14 June 2021 | 16 replies
Backsplash you can do yourself (just make sure it is strait), freshen the wall paint, white ceilings, and install new towel holders, toilet roll holders.
Rob Pattison
In escrow to buy beach adjacent property in Costa Rica.
12 December 2022 | 89 replies
Because I refuse to invest in countries where foreigners are treated as second class, which could have dire consequences if I ever have to go to court for anything.Costa Rica is a different animal, where foreigners are treated equally and are allowed to own property freehold, which is the standard way of detention.
John Smith
Sub2 Mortgage but Parents Stay in House
3 October 2018 | 5 replies
The house is in dire need of repairs.
Manny Vasquez
Investors are withdrawing money from REITs in record quantities
14 December 2022 | 18 replies
These withdrawal limits are triggered in order to prevent the fund from having to make forced sales.However, even with pre-set withdrawal limits from these REIT companies, investors can continue to withdraw their money in the future, which has several negative effects on REITs:1) It prevents REITS from buying properties or continue existing projects (in order to hold-on to cash reserves and pay back investors) 2) If investors continue to withdraw money, this may lead to a downward spiral of selling assets if it can't gain the trust of its investors (i.e. the forced sales of its properties). 2a) As a matter of fact, Blackstone has put up for sale its 49.9% interest in MGM Grand Las Vegas and Mandalay Bay Resort & CasinoGiven the above news and with Zillow, Redfin and Opendoor closing down there iBuying departments, Is this another bellweather for dire commercial and residential economic conditions to come?
Cody Thayer
Failing property on 15-year mortgage
13 December 2022 | 63 replies
The problem seems to be a marketing issue behalf of the Property Management Companies that you have used, granted this time of the year can be more difficult find a tenant with all the holidays.If the situation is more financially dire, I would consider refinancing.
Princess Small
Beweryin need of investor(s)
26 December 2022 | 1 reply
It's in dire financial condition, but hasn't closed shop yet.
John Clark
Private Money Interest Rates
6 May 2016 | 3 replies
When I lend privately, I use an annual, simple, interest rate (no compounding) to keep everything strait forward and "simple" for both parties.