Account Closed
How do investors feel about credit repair
21 May 2016 | 11 replies
IMHO, it is important to consider underwriting guidelines as well as the information on the consumers credit profile.Chirs M, you would think, I have worked with seasoned loan officers who have destroyed a consumers credit by giving advice that was completely wrong and caused a decline in scores and a lost deal.
Broderick Graham
Cashflow vs. Appreciation for short-term strategy?
21 March 2019 | 9 replies
Again, be careful with both your tenants, who will destroy your property, and be careful with your property management company because their margins depend on your units being busted up and needing replacement parts they can upcharge to you (it's just part of the business).
Nat C.
Suing seller who backed out of contract
16 December 2020 | 56 replies
@Nat Chan when the seller realizes they must continue, I would require the expenses of the lawyer deducted from the purchase price.I would also do a quick inspection to make sure they didn't destroy out of a fit of rage for not getting their way.
Ken Rishel
A Must Read by Frank Rolfe
14 January 2016 | 9 replies
While each entity and person has their own payoff reasons for their role, the overriding role is to cripple chattel finance so as to destroy the private ownership of manufactured housing land lease communities.
Nicholas Armstrong
Letting go of a long term tenant after purchasing duplex.
7 February 2016 | 8 replies
This could give him a little while to find another place and maybe he will not destroy his unit out of hatred towards me.I worry that if I ask for the property to be vacant he will destroy his unit out of anger.But on the flip side I really don't want to live by this guy... or be his landlord for 3 months.
Donald Capwell
When does it make sense to level a house and build new?
17 January 2016 | 55 replies
New construction can eat a professional's lunch and rehab can destroy rock solid marriages.
Ingrid Poole
Investment Analysis on Duplex in Central Florida
3 August 2016 | 9 replies
@Ingrid Poole - This is the first thing I noticed as well.... the utilities, water, sewer, etc account for 30% of your expenses monthly, and is destroying any cashflow that could be made.
Annie L.
We took on a major rehab project. Please help!
24 August 2016 | 26 replies
Short of a natural disaster, nothing will destroy a house faster than leaking water.
Jason C.
Evicting for discharge of firearm in the house
31 May 2019 | 27 replies
So my point is, if your in a tenant friendly state, you may go thru all the hassle of evicting and get no where other then having an angry tenant who ends up remaining in place anyway and then just destroys your apartment before he/she finally does leave to try to get back at you.
Robert Collins
What’s the oldest Distressed Home that you have/would purchase ?
19 October 2019 | 6 replies
I dropped in a 7ftx5ft window in the old rotted out bay window opening (picked it up at Bargain Outlet for $98), yet the small upper bathroom window cost $185 to avoid destroying the old marble window sill & header.