John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
Do you remove the roof from your houses because roofs do not prevent flooding?
Sousie El
Seeking Legal Advice on HOA and Water Damage Issue
2 January 2025 | 2 replies
Maybe they would/could take it upon themselves to pay for the repairs to the roof to salvage your unit and prevent further damage then they would go after the HOA to recoup costs.
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
24 December 2024 | 1 reply
I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.
Dan McClain
Time Value of Money
11 December 2024 | 3 replies
The premise of the time value of money struck me: "Money in hand today has earning potential, and we can turn money today into more money tomorrow by investing it."
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
Do not use American Money Loan Services or Tom Vanderlaan.
Jose Mejia
refinancing a property from hard money lender
4 January 2025 | 1 reply
Good afternoon,My name is Jose Mejia and I am looking to find a lender that is able to do a cash out refinance for a property that I invested in with my brother through a hard moneylender. I would appreciate any and a...
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
3 January 2025 | 25 replies
You can deny a showing, but you cannot prevent/discourage someone from applying.
Gamal Harding
Property Management is Much More than Collecting Rent…
23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
Jason Gray
First shot at Air BNB in the Yosemite Corridor...
31 December 2024 | 4 replies
The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.
Quortney Williams
Sheboygan, WI- Is it a nice place to invest?
23 December 2024 | 5 replies
Including one that prevents a unit from being rented for less than 6 days.