Whitney Hill
Owner wants to sell 9 mos from now...best way to tie up property?
29 September 2017 | 17 replies
I would have negative cashflow of around $900/month on the house (SFRs don't cashflow here), and added holding costs/time mean my cash on cash returns would suffer, but I'd still meet my threshold... unless of course the market tanks by then.
Allan Rosenberg
Patch of land rate of defaults and return of overdue funds
20 May 2021 | 63 replies
Robert, glad to have your input on this long-suffering thread.
Troy Luster
Carpet is Black and there are Holes in the Walls
16 September 2017 | 10 replies
@Michael Plante Wow!
John Canque
What happens when lending liquidity dries up?
18 September 2017 | 10 replies
@Michael Plante Keep in mind this is being filtered from my brain and I am brand new to this.
Ari Bachrach
Feedback needed on first deal
15 September 2017 | 3 replies
@Michael Plante Net is calculated above - it would be $1032/mo.
Michael Lee Gundersen
Where should I save my money before I invest in a property?
16 September 2017 | 15 replies
@Michael Plante We live entirely off a base salary after taxes of $4562 a month ($1000 mortgage, prop taxes, insurance, food, vacation savings, etc) and I also make about $5000 a month in commissions.
Llewelyn A.
What is the Liability of a Salesperson? Does s/he ever gets sued?
15 September 2017 | 10 replies
If I was the party suffering damages, I would sue the broker, the owner(s) of the brokerage firm individually and the individual agent.
Billy Holt
Duplex in B Neighborhood - First Property
18 September 2017 | 5 replies
The type of tenants you get are service workers at Medical Facilities, Labor Technicians, Tier II wage earners in the various UAW Plants.
Michael Plante
NY State contract to purchase form?
18 September 2017 | 4 replies
@Michael Plante Just have the attorney you are going to use for the closing provide you one?
Gaston Barua
Need Innovative Strategies for maximizing profit off empty land
18 September 2017 | 3 replies
There are a lot of different crops that are planted in that area as well.