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8 December 2018 | 24 replies
I have given them the option to give up the unit within 7 days in good condition in exchange, I will void the lease and take no further legal action providing no major damage is found.
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18 November 2018 | 2 replies
The professional money out there wants somewhere around 2pts and 10% and first position collateral.Banks on the other hand will give you 4.5%-5% money for first position collateral.Both of these lend up to fairly high LTVs, 80% or higher.I just mention these to set the window...Now think about it this way: If you have a family member or friend with $50k in the bank, how much interest are they earning?
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19 May 2021 | 17 replies
Has anyone else had positive reviews here?
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20 November 2018 | 14 replies
After all, if you get in to trouble, they'll likely be legally responsible for your actions as well.
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19 November 2018 | 3 replies
That 2% rule would be a good rule to live by if you want to see positive cash flow.Then you have to go find a market you may not be familiar with and immerse your self in that location and get comfortable with the people you are going to work with.Two big takeaways I learned at my local real estate meetups are:1 - Nobody cares as much about your Sh** as much as you do.2 - Next!
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25 November 2018 | 7 replies
No worries and thanks for the advice, have you taken any action as far as looking or making deals yet ?
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9 April 2019 | 22 replies
It will have positive cashflow and is not a bad investment.
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20 November 2018 | 18 replies
And from my quick "Google" searching, you may not be able to evict, but instead may need to file for an Action for Ejectment.
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19 November 2018 | 3 replies
A lot of buyers don't have the financial strength to obtain a mortgage; so, sellers and their agents get skittish.And the market is hot; so, sellers are getting all cash offers...or, at a minimum, offers from pre-approved buyers.Your DTI can be positively or negatively impacted by the positive or negative cash flow from the acquired property (rents less expenses and mortgage payment).
4 February 2019 | 7 replies
My guess, is that at this stage of the cycle and with the positive growth that Atlanta is seeing, these properties are in D class areas.