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19 January 2025 | 1 reply
In most situations, the more profitable a property is, the higher percentage the GP is paid.
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21 January 2025 | 6 replies
If tenant raises factual defenses such as falsifying the lease or claiming they paid rent, there would be a brief trial which you would be prepared to testify against.
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15 January 2025 | 7 replies
We managed to bring the property down in price, overcome objections, and navigate the eviction battle, and in the end, it paid off.The key takeaway here is that if you’re a true cash buyer who can work with private lenders, you can survive long, drawn-out processes like this.
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3 February 2025 | 32 replies
Its a lot easier to have a paid off portfolio of 2-3 properties earning you 10k/m in cash flow than 15 properties giving you the same return but are leveraged.
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13 January 2025 | 5 replies
Perhaps we "buy" the house from them for the $328K balance to satisfy the lender and don't need a large down payment and then have a separate contract with them to pay $x per month until we've paid the full $172K amount.
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29 January 2025 | 68 replies
Given your comments "A rent increase of almost 40% is unconscionable" and "Also, SCI paid more than what this park is worth" I am forced to conclude that you have inside knowledge of the parks financial operations.
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15 January 2025 | 1 reply
While I think I might have paid slightly above the average price, I’m happy with the installation and impressed with how quickly the installers resolved the issue.
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24 January 2025 | 36 replies
They put utilities in their name and keep them paid.
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24 January 2025 | 5 replies
As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.
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20 January 2025 | 57 replies
I came in and paid his arrears plus his escrow shortage on top of putting money in his pocket.