14 January 2014 | 5 replies
What is the most efficient way to contact/get a hold of the owners?
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6 July 2013 | 34 replies
Why do you need to sell quickly and take a hit on taxes?
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18 August 2014 | 17 replies
A few years later the boom hit and there wasn't a 4 unit in that city selling for under $1M.
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13 September 2013 | 16 replies
Maybe I should start a new topic about being hit with CGT if I sold a place under a year.
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5 July 2013 | 24 replies
there are some area you can hit 2%, not many not in warzones but it can be done. they may not appreciate as much &, yes, many banks have a minimum # to do a loan. in my area, I'll never achieve 2%, and the way things are going up lately, buy & hold may be on the way out to flipping.
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4 July 2013 | 19 replies
Then you hit mortgage #2 with all of the above, plus the increased cash flow from #1 due to having paid it off, and so the snowball picks up speed.What I like about this is that you don't wind up with so many properties that managing them is a pain in the rear/expensive.
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16 July 2013 | 16 replies
Unfortunately we are switching a LOT of policies from a dear friend (broker of 25 yrs) because of these issues.Local investors have also found that many Ins Co's review your Credit as well, inflating the premiums accordingly.In fact we had one investor couple (BK 7 yrs ago) get hit by NYCM with a $2400 premium for a duplex.???
8 March 2015 | 14 replies
You'd want it to be 1k/unit to hit the 2% rule, but I'm guessing it's much closer to half that.
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19 September 2013 | 13 replies
I was hoping there would be a way to hit her credit report to warn other landlords of her tactics.