John Thedford
You Can't Get Blood Out Of A Turnip??
8 July 2017 | 14 replies
She responded back that "you can't get blood out of a turnip".So, Monday I hired an attorney, The case was filed Tuesday.
Susan Clark
tenant trouble not sure about eviction or police
7 July 2017 | 6 replies
Today I sent another notice stating this was an attempt to collect the rent and see that they had vacated the premises and the note I received made my blood boil.
Jacques Villars
Looking for Rental Property that meets the 2% Rule
12 January 2023 | 46 replies
The best time to invest is when there's blood on the street.
Brian S.
My first Cash out Refit :P
23 August 2022 | 5 replies
I/we have owned for 4 yrs now, and as I've gradually increased rents and thus NOI, the property value has increased significantly (also compressed cap rates where i'm at), and my partner is seeking a buyout, which I'm game for.Applying for a refi, and just now got the proposed terms: 1.2M Loan at 7% for 5yr term/30yr amortized.. sheesh..My thoughts: I really want to get liquidity/equity out, which in this case I can get out a good 350k at least, as there's "blood in the streets" across many investing asset classes, and I believe I can get amazing entries/returns over the next 24 months, and definitely/easily "beat" the 7% cost of money here for this loan, BUT 7%, dang, that's highest loan I've ever signed for by far..Anywho, not seeking an "answer" but more or less some thoughts, a "what would you do?"
Matt Liu
Each property: its own LLC, Debit Card, HomeDepot Card, & Quickbooks file?
24 December 2014 | 20 replies
Just like landlords that don't go after lost rents, you can't get blood out of a turnip.
Kathleen Rosa
Question about SDIRA remodel
30 April 2019 | 3 replies
Who’s OutYouYour SpouseYour natural parents and/or your adoptive parentsYour natural grandparentsYour natural children and/or your adopted childrenThe spouses of your natural childrenAny fiduciary of your Solo 401kAny people providing services to your Solo 401k–such as your stockbroker–as well as his employees and both his and his employees’ blood relativesYour Solo 401k trust document provider or administratorWho’s InYour brothers and sistersYour Spouse’s brothers and sistersYour spouse’s parentsYour spouse’s grandparentsYour stepchildrenYour spouse’s stepchildrenYour grandparent’s spouse, if not your natural grandparentYour aunts, uncles, and cousinsMore resources: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-prohibited-transactionshttps://www.irs.gov/retirement-plans/retirement-plan-investments-faqs
Thomas Loggins
General question regarding 506b/506c passive investment platforms
2 February 2020 | 15 replies
@Thomas Loggins not saying that any of these are the absolute right or wrong answer, but all are food for thought on the topic:Operators using online crowdfunding sites may not have access to or relationships with institutional or high net worth investors.Operators on online crowdfunding sites might benefit from including non-accredited investors AND smaller investment amounts; less experience, smaller list of investors, want to scale faster, etc.Operators using online crowdfunding sites might be excellent Operators with no interest in investor relations or building a list of investorsCrowdfunding sites can offer streamlined investor portals, communications and fundingLarger investors at say $500K plus may require more control so more, smaller investors might be ideal to some OperatorsFor Operators using online crowdfunding sites, maybe one of their values is that they believe all people deserve access to quality investment opportunities, not just the high income earners, wealthy, or institutional groupsFor Operators not using online crowdfunding sites, perhaps they prefer to build close personal relationships with all investorsA lot of the top notch, experienced Operators don't need to advertise/crowd source and have a large list of private investors lining up at the door for their next dealEven for an Operator who typically typically does 506b, maybe they're in a situation where doing a 506c makes sense from a compliance perspective (example: a big fund that has a chance of getting out there on social media or the like, so better safe than sorry) and at that point advertising on a crowdfunding site is just a "might as well" stepFor Operators using online crowdfunding sites, maybe their deals are thinner, so they can't offer the higher returns that institutional money requires (because they have access to so many deals) so they have to turn to those with access to fewer deals and thus will accept lower returnsI don't think either one is a clear cut better choice.
Robert Steele
Is the market drowning in newbies?
25 June 2013 | 43 replies
It is a great time to get in the game, the industry certainly needs new blood as the boomers get out
Racheal Stoyk
Pets - Service Animals and Comfort Animals
18 June 2018 | 10 replies
Two that immediately come to mind for me are dogs that can sense high/low blood sugars for people with diabetes and dogs that can alert their owners when they are about to have a seizure.
Sameer M.
Contractor Problems!
5 October 2017 | 17 replies
But realize that it may be like squeezing blood from a rock...