
7 March 2024 | 38 replies
I'm of the opinion that cheap debt on cashflow producing properties is the best hedge against inflation and therefore it is a good time to evaluate your equity in each property and whether or not to apply more leverage.
6 March 2024 | 7 replies
You might be able to get away with paying the difference between the 1/2 month of rent and short term living cost.I think you would only have legal issues if you deny them use of the property for 2 weeks and charge them full rent.

6 March 2024 | 8 replies
This article indicates that a chapter 13 allows them to maintain possession of the property and develop a plan to pay back their debts rather than be foreclosed on.

6 March 2024 | 4 replies
Additional questions are regarding the legal process: Do I need an attorney?

6 March 2024 | 1 reply
IS THIS LEGAL FOR LANDLORD TO ASK TO VIEW DIVORCE AGREEMENT ONLY FOR INCOME AND FINANCIAL VERIFICATION/ OBLIGATION PURPOSES.Sorry for the caps but I want to be clear that the LANDLORD understands that it is ILLEGAL to deny tenants based on marital status.

6 March 2024 | 0 replies
She'll be sharing valuable insights on maximizing your tax savings, avoiding legal entity traps, and steering clear of common tax mistakes, even those made by CPAs!
6 March 2024 | 8 replies
A DSCR loan (Debt Service Coverage Ratio) type loan would look at the rental income and expenses and determine the amount it could lend based on that.

6 March 2024 | 6 replies
If I am understanding the situation, you took at a 12 month loan and it is now due and the lender is foreclosing (I do not understand the six month comment).Here is the reality, getting a lawyer and spending $ to delay a foreclosure is only going to cost you more $ as the lender will also have legal costs that get added to the loan and you will have legal costs.Your options are refinance or file bankruptcy.

5 March 2024 | 0 replies
I wound up taking a loss for 2023 due to a unprofitable part of my Amazon business, and I feel like I am at a crossroads going forward.Currently, I have 400K equity in my home, and 100K in personal/business debt (and that's no one's fault but mine).

5 March 2024 | 7 replies
Because I have another investor on this project and I have to pay him out of the profit, and also is it possible to get a pre approval letter before selling my investment property because it throws off my debt to income ratio, but it's an investment property that is meant to be sold.