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Results (10,000+)
Kevin Blanchard BRRR to Bust? - Next Steps
12 July 2019 | 9 replies
It looks like some of your decisions are adding unnecessary risks to investing, specificallyRenting the unit $300 under market Not factoring capital or repairs into cash flow (you aren't really "making" $250 per month) and not having a war chest to deal with issues that can (probably will) ariseIf the property is now worth $290K (have an appraisal done) you can refi to 75% LTV on the present value (or $217,500) If you can get a HELOC on the increase in equity, you can use it to pay off your original down payment ($10k based on your numbers) and rehab costs ($40k) and keep the remainder available to handle repairs and capital improvements if needed.  
Kevin Tillery INVESTORS, HOME OWNERS, LENDERS, CONTRACTORS, ETC. BEAWARE!!!
10 July 2019 | 1 reply
Sound the alarm to prevent your family members, friends and/or business partners from engaging with Marcus Mullings, Leverage Plus Group, LLC or any of Marcus’ affiliates.
Account Closed What would you do about a tennant complaining about mice?
12 July 2019 | 14 replies
Realistic expectations..... the tenant cant be a slob and expect a simple pest control visit to clear the issueIf the tenant is keeping the unit clean and not doing things that attract the mice, then you are in a much better spot and have a better chance of taking care of the issue.Another factor can be the surrounding units...... you may be clean but if the close neighbors are keeping trash and food around, again..... you can only put a dent in the situation since the real source is out of your control.....realistic expectations........ the tenant expects the issue to be taken care of..... but you have to point out issues that may prevent that from happening.
Paul Winka Water key shut-off at the street a standardized design?
12 July 2019 | 5 replies
Some charge to come out, while others will happily come out for you to help prevent someone from inadvertently damaging one.
Ismael Mathurin So close and BAMM! not too fast. Help
11 July 2019 | 6 replies
The attorney found judgments against him, and I think he's trying to prevent his wife from finding out.
Byron Broughten How soon can I refinance owner occupy to investment?
23 February 2021 | 7 replies
@Byron BroughtenYou can move out anytime you want - nothing prevents life changes.You can cash out 75% of the new higher appraised value on single family 6 months after the closing date. 70% for 2-4 unit. 
Account Closed Trouble Tenants...I'm Overwhelmed
9 August 2019 | 82 replies
I told them it's their responsibility to make sure all the issues are addressed with the electrician before he leaves to prevent consistent visits over the same problems and to follow up with him if he didn't make the visit.They proceeded to get mad at me and my electrician, saying that it's not professional for the repairmen to forget what he needs to fix, that I'm blaming them, etc.
Suzanne Lee In search of solo 401k provider
6 December 2020 | 18 replies
With a custodian administered 401(k), you will have a lot of unnecessary intermediary processing, fees, and delays. 
Sean Boyle Rental Property Turnover Maintenance Items
11 July 2019 | 5 replies
This preventative maintenance extends the life of your system and also ensures your resident moves in to a functioning property on day 1. 
Chandra Mcculloch Foreclosures? Have I found the right records?
16 July 2019 | 9 replies
What can you do to prevent the owner from create another deed of trust just few days before you sign the contract?