Daria B.
Bad tenants - we need a database :-(
6 August 2017 | 76 replies
I second that advice, which puts me in direct conflict with long distance landlording.
Jourdain Francine
Maintenance man charging percentage of tool set value?
3 June 2020 | 32 replies
There are always indirect overhead costs (for example, I pay about $15k/yr for worker's compensation insurance as a general contractor), as well as consumable items (cleaning supplies, screws, nuts, bolts, WD-40, you name it), These things add up when you do property maintenance at any volume, and if you don't recoup these costs, you operate at a loss and quickly go out of business.I agree it was a poorly worded response from your handyman.
Daniel Sisto
Most Successful Marketing Vehicle
11 August 2015 | 16 replies
It really boils down to consistency in direct mail, following up, and actually taking the time to meet the seller in person, contracts in hand.
Anita Parsa
Scare me! What are the risks I need to be aware of before REI?
26 November 2019 | 31 replies
Maybe more so b/c I've personally gone through about half of them and either indirectly deal with them or heard the stories from other investors.
Kevin Mejia
How does rising rates affect everyone ?
3 February 2018 | 7 replies
It only indirectly affects mortgage rates.At the end of the day, as the Fed has to raise their rates, the cost of lending money will have to go up.
Russell Brazil
Be Careful If You Are Overleveraged
20 March 2020 | 140 replies
What if they ban evictions (directly with a law or indirectly by simply keeping the courts closed.)Except for the 1% of the people here who pay all cash for every property I’m probably one of the least leveraged posters and it’s still concerning.
Nitanga Jean De Dieu
Financial Literacy to tenants
18 March 2020 | 15 replies
That being said, you can indirectly have this conversation by having very strict income standards for your properties.
James Cerasoli
Is my property manager taking advantage of me?
11 July 2020 | 27 replies
@James Cerasoli At some point you can not pay this guy if he is in direct violation of your contract, and can't prove work done.
Wade G.
Overcoming the Idea That Paying Off Mortgages Is A Good Idea
28 March 2021 | 240 replies
Not leveraging your portfolio, either via a refinance or more indirectly in an equity raise, is a poor financial decision, from a tax standpoint as well as a growth standpoint.The only reason it doesn’t make sense is if your investment property is fundamentally a loser to begin with, or if you do not have financial intelligence and think it’s a good idea to pay off your loans 100%.
Lupe Santiago
Private Lending in Florida - Rules & Regs
11 October 2023 | 38 replies
Anyway, here goes with what I've found: •Mortgage Lender: “A person Making a Mortgage Loan or Servicing a Mortgage Loan for others, or, for compensation or gain, directly or indirectly, selling or offering to sell a Mortgage Loan to a Non-Institutional Investor.