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21 December 2024 | 5 replies
A better solution, in my opinion, is not to rely on wholesalers, as not only is it a dying breed due to the sheer incompetence they exhibit due to gurus' wrong instructions and teachings, but, wouldn't it be better to generate your own leads through a high performing website?
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30 December 2024 | 8 replies
The pay stubs can be hard copies or digital PDFs generated directly by your employer and sent via email; we cannot accept screen captures to verify income.Once your completed application materials have been received and it appears that you would meet our qualifying criteria, we would send you a link to perform a credit/criminal background check (this minor expense would be yours), and if those results come back acceptable, we would offer to proceed.
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23 December 2024 | 12 replies
You cannot just casually start this medical expense plan, it's not an IRA.
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21 December 2024 | 3 replies
Or has it performed as advertised?
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9 January 2025 | 107 replies
Ultimately it will depend on the property (banks perform stress test-debt ratio)-but I think 5 year term is what I found so far.
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20 December 2024 | 2 replies
Just like when evaluating a potential purchase you should be performing the same due diligence with rents.
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19 December 2024 | 5 replies
You can get away with using 5% for Class A tenants, but we use 10% for Class B and lower. 3) Tenant Payment Performance: you didn't mention this, but it is important!
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16 December 2024 | 11 replies
I assume in the winter months they would perform well, but in the spring/summer/fall (non ski months) how do they perform?
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13 December 2024 | 5 replies
Background: purchased property with inherited tenants. Tenant had bf living with them I made bf sign lease amendment to be on lease. Tenant informed me they would be leaving February first. (M2M Lease)A couple days la...
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20 December 2024 | 1 reply
Sometimes pulling out equity and reinvesting it elsewhere..maybe in a smaller, more agile asset..can give you the cash flow boost you’re after without giving up a solid property.Improving the property’s current performance by making it more appealing to tenants or tweaking lease structures could give you a nice bump.