Nick Crider
First time buy/rehab/hold
28 May 2024 | 0 replies
Life circumstances pushed me into stepping out into that direction right now...at possibly the top of a market...ooof.
Jorge Abreu
Learning from a Walkaway Experience 🧐
28 May 2024 | 2 replies
Normally, I would emphasize the significance of seeing a property before making any decisions, but this particular circumstance appeared promising... at first.You see, we had both vacant and down units ready for our visit.
Steve Cook
Property Management - Repair Mark-ups?
31 May 2024 | 44 replies
Now I am looking back, hiring them was a big mistake, letting them go was a hard, but very Right choice I made in that circumstance.
Andy Yu
Section 8 tenant - ways to remove aside from housing court
27 May 2024 | 9 replies
He has been calling 311 for inspection and having violations reported for damage he has caused due to neglect and malicious intent for the past year.
Allende Hernandez
Best option to finance a new investment property
29 May 2024 | 9 replies
If the deal were to go bad or an unfavorable circumstance arose, you could not only be in jeopardy of losing the investment property, but also your primary residence.
Season Price
How to find transactional funding
27 May 2024 | 6 replies
This is something I can provide, depending on a few circumstances, shoot me a message, thanks!
Jonathan Lane
CASH OFFERS AND PROOF OF FUNDS LETTER
27 May 2024 | 23 replies
If you have the cash, proof of funds is easy: Screenshot a bank balance or provide a recent bank statement.If you have a legitimate hard money lender who has underwritten the deal and confirmed you have the down payment and cash to close, they should be able to provide you a letter stating exactly that.If you have neither, then you have no business making an offer in bad faith and trying to tie up the seller's property.Also (and this is crucial and a common rookie mistake) - Don't send a "cash" offer to the title company and then neglect to tell them about your hard money lender.
Jacob Stevenson
HOA work around
28 May 2024 | 26 replies
I agree with the advice to avoid HOAs for investment property in most circumstances.
Jim K.
GENERATIONAL WEALTH: Do you worry about your kids?
31 May 2024 | 111 replies
We also had an iron tub in the front yard that my mom would fill with water and put black plastic over to help warm the water, then a little hot water from the wood stove, and we would take turns bathing in the great outdoors.Rough stuff, but I don't recall ever being unhappy at that time. my Wife Grew up on Puget Island under the same circumstances.. no hot water had to heat on stove and then fill bath out house etc.
Adam Eckhoff
Section 8 - What's the catch? (Out-of-State Investing)
27 May 2024 | 19 replies
(For example, a minor leak that when neglected turns into something more significant.)In conclusion, I'm not going to tell you it's all candy canes & lollipops with Section 8, but if you properly vette all of the particulars, in can be something that works for you.