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Results (9,845+)
Bukka Levy Using business credit cards to fund buy and hold. Help?
21 May 2024 | 53 replies
In the commercial & private money world its all fair game and case by case.Use of credit cards to purchase properties to acquire/capture equity, create, cashflow, provide additional tax shield/benefits against your income, and improve your real estate investing venture is definitely one way to go about it but it should not be the sole method since there are risks like many have mentioned above.If you're using business cards (linked to your FEIN - federal employer identification number) and it doesnt report to your personal credit then it might be more prudent credit wise because your Fico scores won't tank when you max a business card out versus a personal credit card (drop of 80-100 fico pts temporarily till you payoff).So with prudent timing (funds seasoning), knowledge of how to maintain your ficos so you still qualify for your cheaper conventional money, and how to use the cards to purchase can definitely expedite your REI journey.Most people I encounter would not have the know how to do it correctly as I see plummeting fico scores, in ability to qualify, and many other issues with using cards to invest on a weekly basis.Best of luck,
Sam Green Self Storage
20 May 2024 | 121 replies
water, sewer, dump station, wash station, tire covers, monthly check up service (tires, doors, plug in, propane tank fill, inside motion sensor alarm, etc).  
Sylvia Castellanos How do we get information about selling the properties we purchase?
19 May 2024 | 20 replies
Do that an at some point you will end up buying a vacant lot that used to have a gas station on it, that still has the old buried leaking tanks and the oil change guys just dumped all their oil changes behind the shop, and you will now be responsible for EPA cleanup to the tune of 100Ks. 
Art Maydan Cancel Lease w/ Tenant Asking for Radon Test Before Move-In?
15 May 2024 | 20 replies
(They’ve been complaining about a utility trailer being parked there and the appearance of a propane tank for weeks.)
Travis Timmons Out of state BRRRR-STR - come with me on a stressful adventure
12 May 2024 | 12 replies
It needed a new roof, new septic tank, water heater, well pump, hardwood floor refinishing, light reno in kitchen (paint cabinets, replace countertops, 1 new appliance), full bathroom renovation on 2 bathrooms cleaning up wood rot on siding, painting exterior.
Ryan Earl Selling our house - investors or realtors? (Please Help!!)
15 May 2024 | 35 replies
Katie, the roof is in good condition (except for a large branch that fell and bent three feet of gutter at the corner of the house (easy to reach, fortunately), the electrical is great (although we have an energy bill we will pay out of escrow), hvac works great (has whole house heating that works great via a propane tank, and also a pellet stove.
Ben Hays Have you done a risk management walk-thru of your Smokies cabin?
12 May 2024 | 5 replies
The service has been excellent and I just had two items fixed that saved me a lot of money, one with a septic tank being clogged and some mold issues in a crawl space, saved a lot of money compared to other companies as well. 
Annwar Matani How do Hard Money Loans work?
9 May 2024 | 15 replies
I literally think of loan sharks or getting your house or assets taken away from you when I hear it LOL.What does points mean?
Jimmy Humphrey Over Leveraged?
10 May 2024 | 116 replies
Total disaster when the market tanked and I couldn't sell anything. 
Jonathan Greene Have you hit your investing goals so far in 2024? Why or why not? Let's talk about it
9 May 2024 | 25 replies
The market tanked, the values declined, and some of the properties were under water even at 50% LTV.