30 August 2024 | 15 replies
Change to suit.
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30 August 2024 | 15 replies
I occasionally get someone that says, "I know this one guy..." but they can't provide actual details and it's probably just a rumor.Almost all legal disputes are over security deposits and very small amounts.Large suits involve injuries, which are only a risk if the landlord is negligent (e.g. fails to repair a broken step and the tenant falls).Even if the landlord is guilty, the suit will most likely be settled out of court and covered by insurance.Even if it goes to court, insurance will cover the costs.The odds of a landlord losing a lawsuit for more money than the average insurance policy will pay are about the same as winning the lottery or being struck by lightning twice.
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28 August 2024 | 6 replies
Most wholesalers swimming around FB have never bought a property, never gone through a gut renovation, and have no idea how to pencil out a project.
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30 August 2024 | 8 replies
The sadest part about these frivilious law suits and/or claims is that the insurance comapnies almost always give them something, this is why they continue to do this
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28 August 2024 | 1 reply
Is this a market better suited for single family LTR or mulitfamily?
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30 August 2024 | 12 replies
All depends what you are looking to spend, what kind of tenant you are looking for, and what your values are for cashflow/appreciation.Once you ask yourself these questions, then you can start to pinpoint areas that best suit your needs.Also, RE is one of the investments that can become less risky the more you spend - ie a good location
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31 August 2024 | 36 replies
I warn people about these every chance I get. now that I found this site and other ways to get software that is the same on the back-end for a lot less I am going to redirect people instead of just warn them.it just seems like they all are just a cult type recruitment. like fortune builders, their line was literally if you give us all your money, you wont need any of your own anyway you use other people's money. guess what, no one will do a deal with you if you don't have any money of your own. no one wants to swim with the kid that obviously can't. and no one wants to entrust money to someone that looks like a financial idiot. due diligence in everything you do.
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28 August 2024 | 21 replies
It's built on top of G Suite so if you are using that it is really nice.ProsperWorkshttps://gsuite.google.com/marketplace/app/prosperw...G Suite in general has released a new tool called App Maker that allows you to build some really powerful applications on top of it.
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29 August 2024 | 13 replies
Long term buy and holds are typically more suited as a principal investment strategy and perhaps a Joint Venture.
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30 August 2024 | 6 replies
While DSCR loans tend to have interest rates a bit higher (generally 0.75% to 1%) than the other two options, which can challenge cash flow, this comes with some advantages that are uniquely suited to the BRRRR method.