Agatha Oliveira
Philadelphia Tax Foreclosure Auction Time for receiving deed
19 December 2024 | 5 replies
More frequently these tax sales are overturned on the grounds of failed or improper notice procedures.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
Grace Norton
Help! Need advice - screening my first tenant
27 December 2024 | 9 replies
Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
It's in a rural town so I'm also worried that demand might not be as high as in more densely populated areas.I'm planning to call local banks this week to understand financing options and contact some contractors who might be interested in building additional units.
Llamier Guzman
Newbie Here (Duplex/Sfh)
10 January 2025 | 23 replies
Credit Union, Brokers, Banks (all have different advantage & disadvantages).
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It’s a bonus if the bank offering the HELOC also handles BRRR loans — they’ll be more flexible and accommodating when it’s time to pay off the HELOC with a new loan!
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
That a situation where only the bank wins, via interest payments.
Kristi Pratt
Thoughts on Rental with Rising HOA?
18 December 2024 | 2 replies
Sounds like its time to sell since the HOA fee just doubled which usually means the HOA has not been managed properly and failed to build a strong reserve account.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.
Matthew Paul
Home inspector says deck isnt up to code .
22 December 2024 | 23 replies
Wood has a huge variability in strength--between pine varieties, the stress which can cause them to fail varies by more than 2x and you can see 20%+ increase in strength as it ages.Then I have stress concentrations which will yield and then redistribute the load in practice, but not according to the calculations I'm allowed to do.