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25 November 2024 | 32 replies
.: Quote from @Chris Seveney: @James WiseI was sitting next to a doctor at a conference who did a private money loan and lost $$200k then he did a jv deal where he became co-owner of a LLC, gave a personal guarantee on the asset and put money in the deal to buy it but didn’t put a lien on property so partner went and leveraged the assets as well and ran off and dr had personal guarantee.They then bought a property and renovated half of it then decided to knock it down….I had a successful shoulder surgeon ask me to list his apartment building that was under-performing.
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25 November 2024 | 21 replies
So you as an owner, would you be willing to ask for less to have your property rented quicker and "lose" the extra $1200 or so per year or would you rather lose that $1200 per month because your property is sitting vacant.In regards to demand, Cleveland is one of the top Sec8 markets out there.
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5 December 2024 | 554 replies
and so many people sit on the sideline thinking there will be a real estate crash.Even if it crashes you still have a lot/a building/a home.I guess BTC is better than beanie babies or little football helmets....at least you probably won't have to take up garage space if it goes to zero.
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1 December 2024 | 377 replies
Using a Heloc utilizes the equity that is sitting dormant, it provides tax relief (once again check with your tax professional) as it is interest income, you can typically get a reasonable rate andlastly there is no out of pocket money.
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20 November 2024 | 5 replies
Quote from @Chris Seveney: Quote from @Juan Vargas: I have a new construction that has been sitting on market for some time.
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20 November 2024 | 8 replies
Letting it sit vacant has its disadvantages as well.
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5 December 2024 | 34 replies
If you buy an EV, you have a large battery sitting in your garage that can be used to power your home in an emergency.
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20 November 2024 | 11 replies
Divorces are not usually amicable so trying to get another party to agree to make money on the house (and move you out) will be time consuming and very unlikely.This statement though, "it is just sitting due to interest rates", is troubling.
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22 November 2024 | 9 replies
They should know the process super well and have their own contacts with leaders and managers to be able to ensure things run smoothly.There is a weekly open-office time for residents to be able to sit down with their case manager (I think it's Weds, but I haven't seen the time printed out recently so it may have changed.
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20 November 2024 | 9 replies
Tenants don't have spare money sitting around, why would you think suing would do anything but cost you money and time?