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2 November 2024 | 64 replies
@Sol BergrenBP had a legend on their podcast episode 399: Jeff Thorman who discussed this common problem.My experience there's a handful of root causes:- Subfloor is not level - in which case this is bound to happen no matter how well you installed- Improper installation - I've found the planks seem tight when they typically have a small bit they could get tighter which is why I always use a scrap piece of the interlocking flooring, then while installing each piece of flooring, I pull into place manually as best I could, then use the scrap flooring to lock into the open side of the piece I'm installing and tap with a hammer as needed until the pieces is truly secure in place.
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29 October 2024 | 2 replies
I'm trying to plan this out as well as possible to avoid any issues down the road.I've seen the stories where people run into issues meeting this requirement and get scrutiny from the IRS, to me it seems the two biggest red flags might be when they hire a property manager and also when they rarely go out to the property to work on it themselves, always relying on contractors.
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28 October 2024 | 6 replies
What I also enjoy is when people put out articles with contradicting view points and in six months or a year point to the - "see how correct i was", well yeah you placed bets on both red, black and green so you were going to be correct because you bet on all options.
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28 October 2024 | 14 replies
I know the Calgary market very well and I can't find deals that meet those criteria with realistic rent rates anywhere south of Red Deer right now.
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1 November 2024 | 19 replies
We're looking at the Red River Gorge area.
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31 October 2024 | 17 replies
Applicants offering to pay a year of rent upfront is a red flag.
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23 October 2024 | 8 replies
Bryan, it sounds like you're in a tough spot, and there are definitely some red flags here, especially with the property already being sold and the lack of communicationYou mentioned the borrower has many properties across states.
28 October 2024 | 5 replies
If they are under 600 we consider it a red flag but not an immediate denial.
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27 October 2024 | 8 replies
If a tenant is asking for rent reduction in normal times, then that's a red flag that you have to find a new tenant.
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28 October 2024 | 15 replies
**Why A Half-Point Rate Cut May Signal Bad News**While many view the Federal Reserve's half-point rate reduction as a positive sign, I see potential red flags.