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8 September 2024 | 168 replies
You already saw and agreed with why I'm annoyed at the HELOC being promoted as a "program" (that usually costs circa $2,500 upfront for "coaching and training") to people that it's not really suited for (ie.
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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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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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.
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30 August 2024 | 8 replies
-Sauna-Hot Tub-Patio/courtyard (large cement tiles on crushed bluestone with lighting, natural gas line to bbq)-Secondary patio off primary suite-Losing sq feet in the primary bedroom to enlarge the bathroom-High grade cabinets-Appliances with cabinet fronts-High end appliances (Viking/Miele instead of GE Cafe)-Outdoor shower (teak box walls with a dry well beneath the footprint)-Wiring for Cat6 to every room-Wiring for surround speakers (or including the speakers that are built into the walls)-Sonos whole-home audio system-Hardwired cameras (with on-site storage) to the exterior of the house-Smart features: thermostats are a given, but how about light fixtures, switches, aromatherapy, fans ... anything else?