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13 August 2015 | 10 replies
Non-payment of rent is grounds for eviction once you do proper paper work of notice and all that legal stuff.Reason, I say is because my tenant, an older lady had a heart attack and was delayed on getting her job, so I am behind by 4 months now...i let it slip past for humanity sake, and now its getting difficult, promises after a while seem distant and goes unfulfilled...So decide if you want to continue with this tenant or not and let it die while you are still friendly with them and not let it play on your emotions where it gets difficult as months pass you by with loss of rent and trust in the tenant. my 2 cents anyways.If i do it all over again, I would have evicted at the first sign of delinquency.
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4 September 2016 | 33 replies
I've never been attacked or had something really bad happen to me.
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11 January 2020 | 45 replies
Save some from your income rent, then attack your roof.
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16 March 2018 | 20 replies
You need a team to attack every lead source and not get overwhelmed.
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15 September 2018 | 7 replies
I'm working 2 jobs right now and I am in attack mode on credit cards.
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5 July 2018 | 11 replies
We’re in Mississippi, so $50k can buy rentals in the right location.Everything I’ve read talks about using leverage and Other people’s money... which way would you attack the situation if you were in our position financially?
7 April 2011 | 12 replies
Please note that this is not meant to be an attack, but I see this from many investors and it is deeply troubling to me.When someone sees a claim like:We buy houses is North America's largest home selling solutions service.
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31 May 2019 | 27 replies
He and another person were injured in the attack.
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4 May 2020 | 0 replies
Changes made to see if deal is good or bad, so that I would be able to quickly look over deals I've analyzed once Corona is over and attack them quickly. = Deal # __________ Good Deal/ Bad Deal Location: __________ 333- Message Me Property Type: __________Price: __________Acquisition: __________Loan: __________Down Payment: (20%) - __________Closing Cost – (3%) – __________Due At Closing: __________Rehab Estimate: __________After Repair Value: __________Equity: __________Income:Rent: __________Washer/ Dryer: __________Parking: __________Storage: __________Monthly Gross: __________Expenses:Mortgage: __________Gas: __________PMI: __________Garbage: $20 {Times The Number Of Units}Electricity: __________Water & Sewer:$75 {Times The Number Of Units}Taxes: __________ /12 = __________Insurance {$100} /12 = $8.34Monthly Expenses: __________Expenses:Vacancy {5-10%}- __________Repairs and Maintenance {10%} - __________Cap Ex - {Capital Expenditures} {8%} - ________Management {10%} - __________Operating Expenses: __________ {Optional} Future Assumptions: Annual Income Growth: {2%} Annual PV Growth: {2%} Annual Expenses Growth: {2%} Sales Expenses: {9%} Totals: Monthly Income: __________ Monthly Expenses: __________ Monthly Cash Flow: _________ Annual Cash Flow: __________ Total Cash Needed: __________ Cash On Cash Return: _____Monthly Cash Flow Total Including Operating Savings: __________Year Total Including Operating Savings: __________
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7 February 2017 | 7 replies
The bottom line is that there are enough free sources that you can get the information you are seeking on any topic.I love BP, but I also find it best to get information from a variety of sources and formulate my own plan of attack.