Colby Mulry
Tenant always pays late, but not late enough....
2 October 2018 | 93 replies
I would wait until the end of his lease and give him a healthy rent increase to encourage him to move on his own.
Shiv Jey
High income, low time
3 April 2017 | 20 replies
The tenant pays the property tax bill, insurance, repairs, short and long term deferred maintenance on all building systems directly -- you collect a rent check and stash some of the proceeds in a capital reserve -You can still get good deals in the 6-7 cap range in strong MSAs with healthy population and job growth rates -Attractive financing available -- you can still get 7-year fixed money around 4.25%, 25-30 year am, and 10-year money at 4.5%, 25-30, for good quality deals Pitfalls to look out for:-Avoid franchisee deals like the plague -Ensure that the guaranty language is rock solid and that the parent company's balance sheet and operating history is strong -Ensure that your lender will accept a very high property insurance deductible -- many of these big national companies are effectively self-insured in this regard -Avoid deals in which the tenant is paying an above market rental rate that's out of line with competing retail space in the immediate vicinity -Try to focus on "daily needs" tenants that sell perishable goods which will make them less susceptible to "the Amazon effect," at least in the short term.
Matt Foster
At a crossroad, need opinions
29 December 2016 | 15 replies
I could save a healthy amount of money by avoiding some or all of the hard money costs.
Volkmar guido Hable
Real estate prices and rising interest rates.
27 January 2017 | 1 reply
Rising interest rates generally occur in a healthy economic environment where future price inflation is expected, making them a by-product of positive economic momentum.
Tina Wells
Handling Bad Neighbors Next Door to My Rental Property
21 December 2020 | 11 replies
Maybe a bit outside of the box (and possibly a terrible idea), but if you net a healthy monthly profit, if the neighbors have at least been amicable, just not really responsive, maybe you could throw them $50 every month that you don't get a noise complaint?
Corey Demuth
want to try buying tax liens/deeds - located in ny but willing to buy anywhere - help please?
24 April 2010 | 25 replies
My goal is to invest some money and make a healthy profit. sort of like a CD only one that actually pays out more than 2% interest!!
Erik Miller
Do short sales hurt your credit score?
26 June 2008 | 26 replies
until 5 years seasoning has passed.Please note the distinction between "seasoning"--the amount of time that must elapse between the derogatory credit and a new loan--and a healthy FICO score.
Manuel Fuentes
Fake Lender: this guy is a fraud!
7 December 2015 | 41 replies
Local lender = building a healthy and profitable relationship over the long term.
Jason Malabute
MET GARY LIPSKY LAST NIGHT
9 June 2023 | 1 reply
Monitoring and maximizing the performance of your assets should be a top priority, ensuring that they remain resilient and profitable during challenging times.Debt Service Coverage Ratio: During a recession, maintaining a healthy debt service coverage ratio becomes paramount.
Hyeseong Park
Question about the best loan I can get for refinancing
3 November 2023 | 31 replies
Most will do the PP + Repair that you sunk into it, although looks like you have a pretty healthy spread so won't be capped by LTV.