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29 March 2020 | 7 replies
I think I need to go back to the seller and ask for more help here, and I want to minimize cost till I have more certainty.
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31 March 2020 | 12 replies
Be prepared for the market to turn.In an emergency, Landlords can delay tax payments for 6-12 months without incurring much of a fee.
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11 May 2020 | 18 replies
Spend some time looking for minimal risk investments in excess of 10% ROI to start.
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20 April 2020 | 26 replies
I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".I dumped all my operating funds in my HELOC to minimize the interest.Now, I get a wrenching gut feeling that this HELOC can get frozen and I won't be able to buy anything new.Please, give me an advice: what would you do?
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29 March 2020 | 19 replies
This creates a delay by default (even if it is only hours), and another step that could suffer from a glitch/downed service/etc.(2) I have read stories about how easy it is for a tenant to reverse the transaction after the deposit is made, and this company's policies have made it very difficult and lengthy for a landlord to fight the clawback.When they deposit funds right into my account (as John does, that acct # is in the lease), once the funds clear there is no opportunity to unring that bell.
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28 March 2020 | 2 replies
Hello Clay, if you want to get a loan on the secondary market there is a 6 month seasoning period unless you do a delayed financing exception which I will not get into here.
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28 March 2020 | 1 reply
States are proposing laws that waive rental payments for several months with minimal or no reimbursement.
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4 April 2020 | 9 replies
The CARES Act introduced this loan on March 27th and some lenders I've spoken to expect there to be a delay between that date and the date they'll actually be able to process the loans.
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30 March 2020 | 39 replies
JPow's pledge to keep the printer running 24/7 shouldn't have delayed the inevitable.
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2 April 2020 | 8 replies
I definitely will look to minimize my risk on the first and try to use it as a worthwhile learning experience!