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29 May 2024 | 9 replies
Just don't lower your standards to get any tenant out of desperation.
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1 June 2024 | 48 replies
When they get honest opinions from people they then defend the program they are asking about (clearly knowing nothing about the program)2) The "defenders" who show up with 0 posts and desperately defend the gurus.
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29 May 2024 | 64 replies
Desperate people do desperate things, so be prepared.
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26 May 2024 | 3 replies
The place we are looking at is in desperate need of new floors, carpet, paint, etc. all throughout the home.
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26 May 2024 | 3 replies
I'm not connected enough yet to put that money together but I will try.118 Apartments and 1 CommercialPlus$23,799,000 $19,386,000 $16, 720,000 Apartment Complex $6,000,000 Below Value for Quick SalePartially exempt from Rent Control Discount For Quick Sale Desperate/Must Sell 9% CAP RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION$9,884,381LOAN AT 3.65% FINANCING FOR 7 MORE YEARS DUE JUNE2030 CURRENTY AT FIRST REPUBLIC BANK.
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31 May 2024 | 111 replies
Here are a few things that I think I did right.I grew up nearly desperately poor.
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25 May 2024 | 17 replies
Appreciate all the responses and advice I read them all with thought and made my decision I’ll evict if the SD isn’t paid by end of the month.To answer some questions I bought the house when I was young (24) It was a fixer upper so I was desperate for tenants and I’ll be honest I didn’t know any betterOne reason why I waited this long was because I’m in NJ we had extremely strict laws during Covid and courts were closed for about 3 years also he pays rent (current market value) every month and doesn’t trash the placeIn a way I’m glad this happened though you can only learn from your mistakes and I’ll DEFINITELY be more strict moving forward Thanks again everyone for helping me make my decision
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30 May 2024 | 93 replies
(CA did this and some people were not able to get rent for 2 years) -If you don't have an adequate reserve then big expenses like HVAC, roofs, etc can really hurt.FINAL THOUGHTS-Make sure not to overleverage-Keep a large enough cash reserve so that when things happen that require money that you don't make bad decisions because you are desperate.
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24 May 2024 | 10 replies
It's good that they're being proactive, as a lot of property owners are desperately trying to get their tenants to apply for assistance to no avail.
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23 May 2024 | 2 replies
I would say Lewiston is desperately trying to crawl out of Class C status, but it'll take some more years.