Christian Gibbs
What is the typical fee charged by property manager while rental is vacant?
25 November 2024 | 19 replies
Like replacing the doors/ locks, etc. and its getting frustrating.Whenever I articulate my frustrations to my wife it causes friction within our relationship I want to get this house rented asap but I wanted to get a barometer to see if perhaps my expectations are a bit unrealistic , especially with consideration that no one could get in the house due to the fleas until recently.
Andrew McManamon
Investing in Bitcoins
9 December 2024 | 98 replies
IRS has already locked on the Bitcoin door.
Deal H.
Turnkey or BRRRR?
27 November 2024 | 48 replies
My HELOC was locked up and I was constantly making the interest payment that was taking away from my cashflow.
Megan Jones
Needy tenants, trying to go on maternity leave without any help and more lol
22 November 2024 | 7 replies
If tenants get locked out, again call a locksmith and have the tenant pay for it.
Aaron Wolman
First Off Market Deal - Is a Purchase and Sales agreement needed
15 November 2024 | 1 reply
You want to get a countersigned contract now with a closing date in February to lock it up.
James Wise
Exposing more of Bob Prisco's (AKA Bob Stevens) Lies
21 November 2024 | 6 replies
So as to not rehash everything here again this week I'm going to lock this post as well because I do feel that the information that needs to be available to the public to make informed decisions is out there, and I don't want this to turn into trolling with no educational value to the community.
Ali Hasan
newbie investor, eager to learn
13 November 2024 | 3 replies
I'm all ears and eager to learn as much as I can.Excited to start this journey and learn alongside this vibrant community!
Frank Schofield
REO & ASSET MANAGEMENT CONTACTS
18 November 2024 | 14 replies
Also if they do accpet appilcations you need to have experience in BPO's and have all your ducks in a row to start listing, i.e. e&o insurance, licnese information vendors you are going to work with to change locks, trashout and property preservation.
Stephen Hood
Creative investment proposal: What do you think of this deal?
20 November 2024 | 11 replies
@Stephen Hood your idea is solid and shows good potential, but here are a few things to consider:Private Lender Terms: Ensure the lender agrees to the 1% origination fee and $2K monthly payments—some may require a higher interest rate or balloon payment at the end.Timeline for Sale: Factor in potential delays with selling your current property or completing renovations on the new one, as these could impact your refinance timeline.Refinance Feasibility: Confirm with lenders that refinancing at $500K is realistic, especially after recent rate increases and appraisal expectations.Exit Plan: Have a backup plan in case the market shifts or repairs take longer than expected, such as extending the private loan or bridging with a HELOC.If you can lock in favorable private loan terms and stay realistic about costs and timelines, this could work well.