Jonathan Leposky
Selecting a Market and Need Help
21 October 2023 | 23 replies
The singular focus on cash flow is a classic newbie trap, but it often takes years before they realize how bad their situation really is.
Michael P. Lindekugel
A recession is coming and maybe as early as summer
20 May 2022 | 130 replies
If you have not listened to this podcast I would recommend doing so, it is amazing and may bee the key to massively grow your portfolio and help people then are trapped in a home they suddenly cannot afford.*** Note the 5/30 Year yield curve inverted today indicating a very high likelihood of recession.
Mackaylee Beach
Section 8 Pros, Cons, Experiences and Questions
15 August 2023 | 21 replies
Section is a 8 trap; it's how the government literally created a landlord system.
Kiley Harris
Rats and skunk in vacant property
21 November 2023 | 9 replies
I’d get 2-3 traps and research what your pests like.
Eric G.
That's Just Criminal
26 January 2020 | 19 replies
All in all, it doesn’t matter, because the end result is for those uninterested in Section 8 housing or have their sights set higher than house hacking or some triplex, Oakland has robbed them of a legitimate tool for assessing the risk levels of potential tenants.
Tiffany Reguera
Vinyl in Bathroom & Kitchen
13 November 2019 | 11 replies
However the water leak from the kitchen sink directed the water under this foam cushion layer and trapped it on the plywood, where we have a wonderful lively any colony living in the layers of the rotting deteriorating wood.
Kelly Williams
info about DSCR Loan
6 November 2023 | 16 replies
Hi Kelly, Disadvantages: DSCRs typically have higher interest rates than conventional financing since they commonly come from a private lender.Avoid: If you know you only plan to hold the property for 1-3 years before selling it or 1031 exchanging it, don't get trapped in a loan term pre-payment penalty since lenders will give you a lower rate in exchange for extending the PPP timeline.Lender: Talk to other investors and agents and see who they recommend for a DSCR lenderIf you have any additional questions, I'd be happy to answer them.
Account Closed
I've got $500k in cash, how should I invest it?
2 April 2023 | 74 replies
However, the downside compared to traditional financing is you can never cash-out refinance to access your trapped equity.
Steven C. Suarez
Successful real estate investor AND minimalist? Possible?
2 January 2018 | 43 replies
Reading the books suggested on BP has really opened my eyes to the keeping up w The Jones's trap and I want nothing to do with it.
Micki M.
My experience with a turn-key flip company
15 July 2019 | 39 replies
So kind of a turn key flip business. as stated I did not do anything with them but I did check it out.. and they have all the trappings of success.. but I never talked to anyone to verify only what they represented but I decided not to do anything.. as remote rehab as you know can be fairly risky.Mikki and I did one in Indy together that was a flat homerun.. but she was there doing all the day to day and that is what it takes it takes someone with a vested interest.