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28 December 2024 | 8 replies
He was bashed in the face with a big Dewalt drill.I had bought him from one of my subs.
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26 December 2024 | 2 replies
Your loan costs will come out of those proceeds, so you may want to bump it up slightly higher unless you want to cover those costs out of pocket at closing.
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21 January 2025 | 59 replies
here are some ways to get cash flow:-tax savings on other sources of income from your real estate shielding it-selling an underperforming property and doing something with the proceeds-raising the rent on a property that was breaking even-refinancing a property when rates fall and using the tax free incomeso again, you need to have a broader view than "property X made $37 after all expenses in March." hope this helps
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30 December 2024 | 15 replies
@Carini Rochester I agree with Greg but to be clear Good Cause does not require a landlord to provide free housing, it just forces them go through the onerous and expensive and lengthy process of actually going for non payment eviction instead of a hold over proceeding, when the landlord knows that a monetary judgement is worthless and just wants possession of their rental unit back so they can fix it back up and rent it again hopefully to a great tenant.Also the problem with all this is that from 2019 to now, landlords have gotten used to having economically or physically vacant units and have priced that risk in.
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19 January 2025 | 47 replies
Next, what sort of lien on the net proceeds do you envision?
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24 December 2024 | 1 reply
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).
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14 February 2025 | 161 replies
I refinanced a different building and bought another building with the proceeds.
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30 December 2024 | 14 replies
Walking away is better than proceeding and finding yourself upside down and owing money . . . there are always more deals.
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12 January 2025 | 185 replies
If they say yes, then you are golden and can proceed.
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21 December 2024 | 7 replies
Is that enough to proceed?