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11 July 2018 | 72 replies
"Good Debt" works when tenants pay the rent, but good debt becomes bad debt when that rental income stream dries up for any reason.Some people thrive on going through the rags-to-riches-to-rags-to-riches cycle multiple times ["nothing ventured, nothing gained"], but for me, I believe the slow-and-steady-wins-the-race approach of the tortoise over that of the hare.
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26 June 2018 | 18 replies
Market seems to be saying your units are economically productive and on par with comparable units as is (based on tenants grabbing them).And, as you know now, that new smell and model home appearance of the totally remodeled and rehabbed unit will fade fast when the tenants treat it like, well, a rental...So you may just end up remodeling again if you sell or get a rough tenant..I tend to do more work on units prior to a sell and let the horses run with a rental with tenants in place that are relatively happy.
25 June 2018 | 3 replies
Instead of a pool table, I would put a horse shoe pit outside along with a grill.
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29 June 2018 | 18 replies
I recognize that $100 per property is not enough to get out of the rat race any time soon, however, our investment strategy is not necessarily the monthly cash flow.
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6 July 2018 | 6 replies
I don't think they would damage a house burrowing under a house, but their holes could certainly break a horse or cow leg.
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27 December 2018 | 18 replies
I don't know if they are assigning the contract or double closing but wanted to get it from the horses mouth rather than make assumptions.Do real estate agents like to work with wholesalers?
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2 November 2017 | 5 replies
Combining the two is a cross between a horse and a donkey.
5 November 2017 | 6 replies
I do not believe race is in any way involved, however this information helps to explain why there has been a lack of direct communication between myself and the other tenants.In the ten years I have lived here there haven't been any arguments, disputes, or angry interactions with anyone here.
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7 November 2017 | 7 replies
Further south is good for seasonal rentals (and I have on at White Horse Beach on the market now!)
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17 November 2017 | 13 replies
As a former VA employee and a mother of a son who is a Navy veteran taking advantage of the post 911 GI bill for schooling, I have to say at least some of what your tenant is claiming in terms of not being able to pay the rent sounds like what comes out of the south end of a horse going north.Depending on what your rent is, the BAH from his GI bill should, alone, cover the rent.