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2 January 2025 | 53 replies
However the property is not performing and it’s affecting our personal lives now.
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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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26 December 2024 | 4 replies
But, they have ZERO liability for the performance of that tenant.Second, 97%+ have no idea on how to screen a tenant, other than income = 3x rent and a credit score.
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30 December 2024 | 16 replies
All things being equal on the asset side, the operation and systems put in place will make or break the performance of the investment but at this point that has almost nothing to do with real estate.
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26 December 2024 | 3 replies
The return on equity is probably very low considering they are paid off so maybe explore refinancing or selling the lowest performing one(s) or your biggest headaches to reinvest in more lucrative deals.I noticed you also used a metric of number of rentals to attain your goal rather than $$$/month.
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23 December 2024 | 5 replies
Quote from @Benjamin Finney: Chris, interesting niche on non-performing mortgages/ rtl's.
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26 December 2024 | 2 replies
Always perform thorough market research and verify the numbers on any property you consider.
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21 January 2025 | 59 replies
I openly share the historical performance of my Detroit rentals for anyone interested.
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26 December 2024 | 14 replies
It simply means that you agree to let them perform a 1031 exchange which starts with the sale - not that you have to help them finish.
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28 December 2024 | 8 replies
It under performed, but it was my first flip.