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10 January 2025 | 3 replies
I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.
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11 February 2025 | 20 replies
Thank you Nick - unfortunately it is the name of the game in this space that there will be people with bad experiences, typically when the appraised value doesn't come in as what they expect and they lash out at the lender accordingly (anyone in this space obviously understands this occurrence).
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21 January 2025 | 10 replies
The handyman would reach out to the tenant to coordinate availability, then coordinate with you on the issue and fixes needed.The Smart locks are a game changer.
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10 January 2025 | 9 replies
GP's typically have to put skin on the game.
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15 January 2025 | 9 replies
The further you get into the deal the more skin in the game you end up having so it just makes sure you see the project through so you recoup the time and cash invested.
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18 January 2025 | 5 replies
Lots of people either rush in to quick or don't ever get in the game.
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7 February 2025 | 12 replies
@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.
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27 January 2025 | 11 replies
Keep in mind of the I/O(payments/period) and game plan on how fast you'd like to pay it down.
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7 February 2025 | 13 replies
I took a break from reading "Money: Master the Game" by Tony Robbins to read all of your hurdles.
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17 January 2025 | 35 replies
It's a relationship game more than anything, so if you're building strong relationships with them and providing a consistent product, you'll be golden.